Nudge Security Bags $7M Seed Round
Nudge Security, an early stage startup promising to help organizations manage cybersecurity decisions, has banked a $7 million seed round.
The Austin, Texas-based startup, the brainchild of ex-AlienVault software engineers Russell Spitler and Jaime Blasco, scored the financing from Ballistic Ventures, a venture capital outfit dedicated to early-stage security startups.
In a conversation with SecurityWeek, Nudge Security founders Spitler and Blasco declined to share full details on the company’s product line, which promises to “nudge employees towards secure decision-making anywhere they work without disrupting workflows.”
“We believe that every employee has the potential to behave in ways that support and strengthen the organization’s cybersecurity posture, it’s just not always simple or straightforward to do so. We are changing that,” he added.
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Spitler said the company will use the funding to expand headcount and engage with early access design partners.
Spitler and Blasco previously created and operated the world’s largest open threat intelligence community, the AlienVault Open Threat Exchange, now operated by AT&T Alien Labs.
The Nudge Security investment marks the first public funding announcement from Ballistic, the new VC outfit solely dedicated to advising and funding early-stage cybersecurity startups.
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Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a journalist and cybersecurity strategist with more than 20 years experience covering IT security and technology trends.
Ryan has built security engagement programs at major global brands, including Intel Corp., Bishop Fox and Kaspersky GReAT. He is a co-founder of Threatpost and the global SAS conference series. Ryan’s career as a journalist includes bylines at major technology publications including Ziff Davis eWEEK, CBS Interactive’s ZDNet, PCMag and PC World.
Ryan is a director of the Security Tinkerers non-profit, and a regular speaker at security conferences around the world.
Follow Ryan on Twitter @ryanaraine.
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