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Just 12 hours left to apply to Startup Battlefield at TC Disrupt 2021
We’ve been urging you to apply to Startup Battlefield at TechCrunch Disrupt 2021 for weeks now, and you have just over 12 hours left before the application window slams shut on
May 27 at 11:59 p.m. (PT). Don’t procrastinate the experience alone, whether you win the $100,000 prize or not, can improve the trajectory of your business.
Case in point: Mollie Breen started out as a mathematician at the National Security Agency before co-founding an IoT/OT security startup called Perygee. She and her team competed in Startup Battlefield last year at Disrupt 2020. Although they didn’t reach the finals, Breen has plenty to say about the experience. Here’s what she shared with us in a quick Q&A.
Perigee, a Boston, MA-based cybersecurity company, raised $1.5M in its first funding.
The round was led by Outsiders Fund’s Austin McChord and Teddy Seem, with participation from Westport, Contour Venture Partners, BBG Ventures, Innospark Ventures, Ray Rothrock, and Corey Thomas.
The company intends to use the funds to hire new talent, further develop the product, and grow the enterprise within environmental controls and beyond.
Founded by CEO Mollie Breen, a former NSA mathematician, Perigee combines network exploitation and machine learning expertise to stop malicious threats, improve behavior, and extend the life of connected devices in real-time.
The company is focusing initially on devices within HVAC and environmental controls in industries like healthcare.
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BOSTON, Dec. 17, 2020 /PRNewswire/ Perigee, founded by a former NSA mathematician, combines network exploitation and machine learning expertise to stop malicious threats, improve behavior, and extend the life of connected devices in real-time. Today, Perigee announced the closing of their first institutional capital round of $1.5M.
The round was led by Outsiders Fund s Austin McChord and Teddy Seem, with additional investment from Westport, Contour Venture Partners, BBG Ventures, Innospark Ventures, Ray Rothrock, and Corey Thomas. The newly invested capital will be used to hire new talent, further develop the product, and grow the enterprise within environmental controls and beyond.
Perigee snares $1.5M seed to secure HVAC and other infrastructure
It’s been an eventful fall for Perigee CEO and founder Mollie Breen. The former NSA employee participated in the TechCrunch Disrupt Startup Battlefield in September, and she just closed her first seed round on Thanksgiving, giving her a $1.5 million runway to begin building the company.
Outsiders Fund led the round, with participation from Westport, Contour Venture Partners, BBG Ventures, Innospark Ventures and a couple of individual investors.
Perigee wants to secure areas of the company like HVAC systems or elevators that may interact with the company’s network, but which often fall outside the typical network security monitoring purview. Breen says the company’s value proposition is about bridging the gap between network security and operations security. She said this has been a security blind spot for companies, often caught between these two teams. Perigee provides a set of analytics that gives the securi
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