San Francisco-based Paladin Cyber, which provides cyber protection services for small and medium businesses, announced that it has raised $3.6 million in seed funding. Lightbank led the round, which included participation from Aquiline Technology Growth, Haystack, Argo Ventures and Clocktower Technology Ventures, as well as existing investors Ground Up Ventures, Hemi Ventures, Sutardja Ventures and Y Combinator. As part of the funding, Lightbank Managing Director Vic Pascucci will join the board. Paladin, founded in 2017, has now raised $4.5 million in total funding.
Source: Company announcement