Susquehanna International Group helped the network security software provider boost its series A round to $21.8m, adding to a Digital Heart-backed tranche a year ago.

US-based cybersecurity technology provider Stellar Cyber raised $7.1m from investors including quantitative trading firm Susquehanna International Group on Wednesday to bring its series A round up to $21.8m.

Valley Capital Partners, Big Basin Ventures and Northern Light Venture Capital also invested, having already taken part in the first tranche in March 2019 together with quality assurance services firm Digital Hearts and unnamed existing shareholders.

Founded in 2015 as Aella Data, Stellar Cyber has built a cybersecurity software platform called…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.