HackNotice closes $7 million Series A Funding Round Led by Strategic Cyber Ventures

Jun 6, 2022

HackNotice, the only company-wide threat awareness platform that enables employees to identify and defend against cyber threats, today announced the completion of a $7 million Series A funding round. The funding round was led by Strategic Cyber Ventures, a venture capital investment firm focused on funding businesses that profoundly impact privacy, cybersecurity, and company resiliency with a partnership from Lytical Ventures, a venture firm focused on investing in corporate intelligence. Thousands of employees use HackNotice daily to understand and protect themselves, their colleagues, families, and businesses from cyber-attacks.

“HackNotice believes that threat awareness is the future of employee-based cybersecurity,” said Steve Thomas, Co-Founder, and CEO of HackNoitce. “Proactive cybersecurity is a priority for businesses because of the constant increase in ransomware and cyber attacks. HackNotice provides companies with a best-in-class threat awareness platform, filling in the employee security and threat awareness gap. Our platform is designed to help businesses strengthen their security posture company-wide.”

STEVE THOMAS
Co-founder & CEO, HackNotice

HackNotice’s intuitive platform enables employees to learn how hackers are threatening them, encouraging workers to collaborate with the security team and take action to prevent cyber attacks. HackNotice’s business customers have noted an increase in employees practicing safer online habits and voluntarily seeking out security training. The powerful analytics and reporting tool in HackNotice gives security teams visibility into their risk on a per employee/department basis.

“Traditional security training and awareness is an established industry with questionable ROI. HackNotice democratizes threat intelligence about employees by providing that data straight to the employee themselves. This leads to better alignment of incentives between employee and employer and is the start of a new market: Threat Awareness," he added.

CHRIS AHERN
Principal, Strategic Cyber Ventures

“Lytical is excited to be partnering with such an innovative and disruptive company like HackNotice,” said Lucas Nelson, Managing Partner at Lytical Ventures. “Phishing prevention has been a check the box exercise that has been giving everyone a false sense of security while annoying employees. Now with HackNotice, businesses can remain compliant while their employees get actionable insights about their stolen data,” he added.

LUCAS NELSON
Managing Director, Lytical Ventures.

Since closing the funding round, HackNotice has been building a team to help onboard and distribute the threat awareness platform. Catch Steve Thomas and Chris Ahern discussing the round, here.

About HackNotice:

Hacknotice is the only company-wide threat awareness platform making employees safer online. Users monitor, review, and take swift actions against their real cyber-threats. HackNotice’s mission is to make all employees threat aware, creating a resilient security culture. Founded in 2019, HackNotice is located in Austin, TX. For more information, visit www.hacknotice.com.

About Strategic Cyber Ventures:

Strategic Cyber Ventures (SCV) is a Washington DC-based venture capital firm that invests in rapidly growing cybersecurity, privacy, and resiliency focused technology companies. The SCV team brings an expert, more modern venture capital experience to startup founders and the broader investment ecosystem, working every day to bridge the gap between emerging commercial technology and corporate and national security challenges. SCV was founded in 2016 by Hank Thomas, a former U.S. Army Intelligence Officer and security consultant. For more information, visit www.scvgroup.com.

About Lytical Ventures:

Lytical Ventures, an affiliate of Lyrical Partners, is a NYC-based venture fund dedicated to Corporate Intelligence, including Cybersecurity, Data and Analytics, and Artificial Intelligence. Lytical's team of professionals has decades of experience in domain-relevant, early-stage, direct investing. www.lyticalventures.com

SOURCE HackNotice raises $7M Series A round to disrupt security awareness

HackNotice will use the funds to expand the business and help companies fight the cybersecurity epidemic.

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