San Francisco-based cyber security company Sqreen has secured $14 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced April 2 and led by Greylock Partners.
According to its Crunchbase profile, "Sqreen is an automated and real-time security solution for developers. It protects web applications against attacks with no source code modification or traffic redirection. Sqreen covers major vulnerabilities such as SQL injections, cross-site scripting (XSS), code injections, code/command/file injections, cryptographic weaknesses, etc."
The four-year-old startup has raised two previous funding rounds, including a $120,000 seed round in 2018.
The round brings total funding raised by San Francisco companies in software over the past month to $1.3 billion. The local software industry has seen 712 funding rounds over the past year, securing a total of $19 billion in venture funding.
In other local funding news, customer relationship management company Plexure announced a $3.6 million post IPO equity funding round on April 1, financed by McDonald's.
According to Crunchbase, "The most complete platform for marketing using the IoT Plexure’s IoT-driven CRM platform gives marketers the ability to personalize and optimize transactions in the real-world by connecting brands directly to their consumers while they are in-store, in real-time. This fills a critical gap in the functionality of existing CRM systems and enabling marketers to build engaging, personalized customer experiences across multiple channels using their smart phone app and connected devices. At Plexure, we've built a powerful platform from the ground up to bring the power of digital marketing to the real world."
Founded in 2010, the company has raised four previous rounds, including a $2.3 million post IPO equity round in 2016.
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