Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has raised an additional $14 million USD for its Series E round, bringing the total round to $35 million USD.
The funding was led by W Investments Group, based in Montreal. John Randall, senior vice president of product management at GoSecure, told BetaKit there were other participants but did not disclose their names. Randall said the capital will be put towards sales, marketing and engineering.
GoSecure closed initial funding for its Series E investment in June. Though originally reported as $20 million USD, Randall told BetaKit GoSecure closed $21 million at that time. That investment was led by Yaletown Ventures. Other participants included Bank of Montreal and existing investors SAP/NS2 and Razor’s Edge.