Cybersecurity leader Enveedo attracts $3.15m in seed investment for market expansion

Cybersecurity leader Enveedo attracts $3.15m in seed investment for market expansion

Enveedo, a Miami-based cybersecurity company, has recently made headlines with the closing of its impressive $3.15m seed funding round.

The round was spearheaded by Silverton Partners, a well-regarded venture capital firm from Austin, Texas, with additional participation from Runtime Ventures and Blu Ventures, both of which bring extensive experience in the cybersecurity sector.

This financial boost is a significant milestone for Enveedo. The company, founded in May 2021, is recognized for its Cyber Risk Management Platform, a comprehensive solution that simplifies integrated risk management.

Enveedo’s platform is designed for security and IT professionals, providing them with tools to establish security programs effectively. The process begins with securing leadership buy-in, identifying crucial assets, and evaluating risks through a variety of API integrations. The platform then offers a custom strategic roadmap, replete with detailed recommendations and robust reporting capabilities, enabling businesses of all sizes, especially those with limited resources, to develop and maintain a sophisticated cybersecurity strategy.

The new funding is earmarked for several key areas of development. Enveedo plans to use the capital to accelerate its product innovation, hire top talent, and expand its market presence. The goal is to enhance the company’s all-in-one SaaS platform, making it more accessible for organizations to build and maintain cyber resiliency affordably and seamlessly.

Luciano Salata, CEO of Enveedo, shared his excitement about the investment, stating, “This investment from three prestigious VCs with deep knowledge of cybersecurity is a strong validation of our vision and hard work. With this support, we are poised to accelerate our growth and continue to innovate, improving cyber resiliency for businesses that are in desperate need of help and guidance to protect their crown jewels.”

Kip McClanahan, General Partner at Silverton, also expressed his enthusiasm for the partnership, commenting, “Silverton is thrilled to partner with and support the Enveedo team as they accelerate their growth. What resonated with me is how quickly Enveedo can help customers comprehensively define a CISO-level playbook for identifying and protecting what’s most important to the business. Enveedo’s automated workflow then guides their customers along a step-by-step roadmap for achieving their security goals. For businesses operating in today’s dynamic threat landscape, Enveedo’s product is timely and very impactful.”

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