SpyCloud Raises $21M in New Funding Round for Account Takeover Prevention Tech
SpyCloud has secured $21M in a round of Series B financing led by Microsoft’s M12 venture fund and backed by March Capital Partners, Silverton Partners and Altos Ventures. The company said Wednesday it will use the investment to broaden its research-and-development work on account takeover prevention tools, expand its security research team and sales and marketing organization, increase its international presence and grow its database of recovered assets.