Another company is close to its targets as NSS Labs reported that they have reached their Series B funding of over $16 million. The company has been hoping to expand their services with the use of the accumulated capital, offering new cybersecurity software. The acquired funding now puts the total investment capital raised by the company to $27 million since they first started the company. The investors of the latest funding round included LiveOak Venture Partners and Delta-v Capital. Delta-v will be gaining a slot in NSS Labs’ board as part of their investment deal, putting their managing director David Schaller in the new position.
Currently their office in Austin is located at 206 Wild Basin Rd.
Read more about this here: Austin security software maker raises $16M to develop products