CyberTech firm trackd lands $3.35m in seed funding


trackd, a cybersecurity firm that claims it takes the fear out of vulnerability remediation, is emerging from a period of stealth with $3.35m in seed funding.  

The round was led by Flybridge and saw participation from Expa, SaaS Ventures and Lerer Hippeau.

trackd’s unified vulnerability and patch management platform leverages the collective experience of security and IT teams to automate vulnerability remediation without fear of disruption.

The company’s patch management platform records the experience of all patches applied by its users, anonymizes that data, and makes it available in real-time to all other users. Thus, if a patch is disruptive, that information is now available to other vulnerability remediation teams applying the same patch, enabling them to plan accordingly.

Conversely, if a patch is applied multiple times with no evidence of disruption, practitioners can leverage auto-patching to speed remediation with little to no impact on their finite resources.

trackd CEO and founder Mike Starr said, “The dirty little secret in the vulnerability remediation community is that fear of disruption due to patching is largely a psychological remnant of the early days when patching broke things frequently, and, at times, catastrophically.

“Times have changed, and only a very small percentage of patches cause disruption, but that perception and fear is difficult to overcome, so trackd’s one-of-a-kind patching experience data at the heart of our platform is built to overcome what is, fundamentally, a human nature challenge.”

Novata, a platform and public benefit corporation that provides private markets with an ESG solution, has scored $30m in a Series B raise.

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