Concentric raises $14.5 million to autonomously secure business-critical data

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Concentric announced it has raised $14.5 million in Series A funding. Led by Ballistic Ventures, a new VC firm solely dedicated to advising and funding early-stage cybersecurity startups, this investment targets the $19B market for data security, access governance, and loss prevention. Citi Ventures also participated in the round as a strategic investment, as did current investors Core Ventures Group, Engineering Capital, and Clear Ventures. As a result of the investment, Ballistic Ventures’ Barmak Meftah … More

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