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Cybersecurity Company Expel Announces $50 Million in Series D Financing

May 13, 2020•over 5 years ago

Amount Raised

$50 Million

Round Type

series d

Herndon

Description

Expel*, the Security Operations Center (SOC)-as-a-service provider that’s committed to making security as accessible as the internet, announced today that it secured $50 Million in Series D funding led by CapitalG, Alphabet’s independent growth fund. The financing round also includes participation from existing investors: Battery Ventures, Greycroft, Index Ventures, Paladin Capital Group and Scale Venture Partners. Gene Frantz, general partner at CapitalG, will join Expel’s board of directors. Since its inception in 2016, Expel has secured a combined total of $117.5 million in financing.

Company Information

Company

Expel

Location

Herndon, Kansas, United States

About

Expel is a managed detection and response (MDR) provider whose vision is to make great security as accessible as the internet. The company offers 24x7 security monitoring and response for cloud, hybrid and on-premises environments. Expel uses the security signals customers already have so organizations can get more value from their existing security investments. And Expel connects to customer tech remotely through APIs, not agents, so its security operations center (SOC) can start monitoring a customer’s environment in a matter of hours, letting their internal teams get back to focusing on the most strategic security priorities that are unique to their business. Learn more at http://expel.io.

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