Cybersecurity company AaDya bags $2.7m in new fund

Detroit-based cybersecurity company AaDya has secured $2.7m in a new funding round.

Raffaele Mautone, a cybersecurity expert who have clocked up time with McAfee among others, launched the startup last year.

Firebrand Ventures, 645 Ventures and Next Coast Ventures all participated in the raise.

“We have seen first hand how difficult it is for small and medium-size businesses to protect themselves from constant cyberattacks,” Chris Marks, managing partner with Firebrand Ventures,” said in a statement seen by Crain’s Detroit Business.

“We are excited to partner with Raffaele and the AaDya team as they solve this problem and keep businesses safe with a simple and affordable solution. We are also thrilled to be investing in the great city of Detroit.”

AaDya plans to use the money to go on a hiring spree, growing its staff from 20 to 35 employees by the end of 2021.

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