KPN Ventures was among the investors as cybersecurity developer ZecOps attracted $10.2m that will be spent on recruitment and platform development.
US-based automated cybersecurity technology startup ZecOps completed a $10.2m seed round on Tuesday backed by KPN Ventures, the corporate venturing subsidiary of telecommunications firm KPN.
Ceas Investments, Evolution Equity Partners, Plug and Play Ventures, Stormbreaker Venture Group and unnamed angel investors specialised in information security also participated in the round.
Founded in 2017, ZecOps has built an automated and agentless cybersecurity platform catered to forensically fighting attacks known as advanced persistent threats where malware is deeply embedded in order to incrementally extract sensitive data.
The capital will fund hiring and product development as ZecOps looks to extend its market presence, building on a client base of more than 20 enterprise businesses, government and defence firms.
Herman Kienhuis, executive vice-president and managing director at KPN Ventures, said: “We see great potential in enabling more organisations to learn from attacks, generate new threat intelligence and substantially improve their security posture.”