Plano Cybersecurity Company Gets $40M in First Outside Investment, Has Valuation of $150M

Plano Cybersecurity Company Gets $40M in First Outside Investment, Has Valuation of $150M

CRITICALSTART is looking beyond itself to fuel fresh growth.

The Plano cybersecurity company raised $40 million in its first outside investment, it said in a statement on Wednesday.

The funding will help the company bolster its sales and marketing in North America and potentially Europe, according to Rob Davis, CRITICALSTART‘s chief executive. In addition, there will be hiring on its software development team. The company got a valuation of $150 million, he said.

 

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Featured in Dallas Business Journal | June 12, 2019