San Diego-based network security company AttackIQ has secured $17 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on May 29 and led by Khosla Ventures.
According to its Crunchbase profile, "AttackIQ is an automated validation platform that enables organizations to test and measure the effectiveness of their security posture. Its 'FireDrill' platform is an open-system or security control validation, SECOPS operator exercise, Red Team augmentation and analytics. The platform allows teams to maximize their reach and capabilities, overcoming the limitations of time and resources."
The six-year-old company has raised four previous funding rounds, including a $5.5 million Series A round in 2018.
The round brings total funding raised by San Diego companies in consumer electronics over the past month to $67 million, an increase of $66 million from the month before. The local consumer electronics industry has seen 13 funding rounds over the past year, capturing a total of $182 million in venture funding.
In other local funding news, construction company eSUB Construction Software announced a $12 million Series B funding round on May 29.
According to Crunchbase, "eSUB provides cloud-based project management, timecard management and corporate management for commercial subcontractors of all trades. With eSUB you create paperless projects to manage from any device: desktop, laptop, iPad, tablet or Smartphone. Login to your company’s secure Internet portal and create, log and update all project documents such as submittals, change orders, requests for information (RFIs), schedules, purchase orders, meeting minutes, punch lists, daily reports, correspondence, pay applications and more."
Founded in 2008, the company has raised three previous rounds, including a $3 million Series A round in 2018.
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