Falkonry Status
The company raised $4.6 million of Series A venture funding in a deal led by Presidio Ventures on June 19, 2018, putting the company's pre-money valuation at $32.5 million. Fortive, Basis Set Ventures, Zetta Venture Partners, Polaris Partners and Start Smart Labs also participated in the round. The funding will be used to support growth in its engineering and customer success organizations, in order to meet the increasing product demand and to expand the customer base. Earlier, the company raised $5.32 million of Seed funding from Zetta Venture Partners, Polaris Partners, Basis Set Ventures and Start Smart Labs on February 7, 2017, putting the company's pre-money valuation at $7.5 million. Plug and Play Tech Center and other undisclosed investors also participated in the round.
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