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.