Managed detection and response startup Wirespeed bags funding

May 22, 2025

Wirespeed, a cybersecurity startup founded in July 2024, has secured seed funding to accelerate its mission to modernise managed detection and response (MDR).

The round was led by Mairs & Power Venture Capital and backed by a group of well-known cybersecurity figures. Investors include Gary Fish (Fishtech, FishNet Security), Deke George (NetSPI), Jeremiah Grossman (Grossman Ventures), RNP Capital Advisors led by Alan Dumas and David Bates, and SaaS entrepreneur Daren Cotter.

Wirespeed’s MDR platform uses a proprietary logic engine to analyse threats in seconds, integrating with tools such as Slack, Teams and SMS. It enables clients to respond to incidents without complex coding or reliance on in-house security teams. Transparent pricing and optional automation levels make the service adaptable to different security cultures.

Grossman Ventures founder Jeremiah Grossman said, “What excites me about Wirespeed is how unapologetically practical it is. The founders aren’t guessing, they’ve lived the pain, stripped away the noise, and built a product that just works. It’s exactly the kind of clarity and customer focus the MDR space has needed for years.”

Wirespeed Co-Founder and CEO Tim MalcomVetter said, “We are so grateful for our early customers who embraced our bold vision for what MDR should become and their trust has been invaluable.”

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