Denver-based security company Red Canary has secured $34 million in funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced April 30, and led by Summit Partners.
According to its Crunchbase profile, "Red Canary is a cybersecurity technology company delivering cloud based security services. Red Canary's platform and services allow defenders to win against rapidly evolving adversaries by preparing for, detecting and responding to security incidents. Trusted by the best security teams around the world, Red Canary exists with the singular purpose to improve security for organizations of all sizes."
The five-year-old company has raised three previous funding rounds, including a $6.2 million round in 2018.
The round brings total funding raised by Denver companies in information technology over the past month to $58 million, an increase of $41 million from the month before. The local information technology industry has produced 38 funding rounds over the past year, securing a total of $1 billion in venture funding.
In other local funding news, mHealth company CirrusMD announced a $15 million Series B funding round on May 2.
According to Crunchbase, "CirrusMD is a healthcare communications company that offers mobile physician access solutions. It aims to empower efficient and more meaningful connections between patients and their healthcare providers. Its Virtual Care Platform gives healthcare payers, health systems and providers an immediate way to cultivate new patient relationships, improve patient access and build loyalty."
Founded in 2012, the company has raised five previous rounds, including a $7 million Series A round in 2017.
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