Allure tempts investors with seed round

Feb 8, 2018 •

The Columbia University spinout will use the $5.3m to further develop its data loss detection platform and hire more staff.

Allure Security Technology, a US-based cybersecurity software spinout of Columbia University, has closed a $5.3m seed round led by venture capital firm Glasswing Ventures.

VC firms Greycroft and Zetta Venture Partners, as well as investment firm Portage Partners also took part.

Founded in 2009, Allure produces data loss detection and response software aimed at clients such as large enterprises, financial services firms, healthcare providers and industrial facility operators.

Allure’s system tracks data as it is transferred through a client’s network gateways, tagging files…

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