SaaS cybersecurity platform provider, Dark3 secured Series A funding from Option3Ventures

Dark3, an Alexandria, based Software-as-a-Service (SaaS) cybersecurity platform provider, has now secured a Series A funding round. 

The announcement did not disclose the amount raised in the latest funding round.

Dark3 is founded by the Vince Crisler in the year 2016. It provides software as a service platform that utilizes publicly available and proprietary threat information to give affordable cybersecurity protection to small and medium businesses. 

The company's patented data analytics approach provides access to anonymized real-time data on consumer networks to enable advanced analytics and threat hunting capabilities.

Manish Thakur, a Managing Partner of Option3Ventures, said, "We believe Dark Cubed’s mission of making cybersecurity accessible to companies of all sizes addresses a critical gap in the market today. It is a highly complementary addition to our new O3V Cyber Special Situations portfolio, and also very much aligned with our national security heritage. We look forward to working with Vince and the management team to grow the company in the years ahead".

Vince Crisler, the CEO of Dark3, said, "I have been in the cyber industry for over 25 years now. The combination of Option3Ventures’ expertise along with Dark Cubed’s pioneering approach is bound to move mountains. The cybersecurity market is overwhelmed with solutions targeting large enterprises, yet it is small and midsize businesses (SMB) that take the bulk of cyberattacks. Dark Cubed seeks to address this. We have seen significant growth in our partnerships with Managed Service Providers (MSPs) who are often the front line of defense for SMBs cybersecurity providing rapid streamlined platform security protection".

The round was backed by the Option3Ventures.

Post funding, Option3Ventures, Managing Partner, Lisa Donnan, and Merrick Andlinger will join as the Dark3 Board of Directors team.

The company, as of now, has plans to use the new funds to accelerate rapid expansion and business outreach. The company also intends to leverage funds to deliver enhanced protection to small and medium-sized businesses in the defense industrial base ahead of the critical election cycle, notes the announcement.