5 days ago
 Source: news.crunchbase.com

Meet Praetorian, A Profitable Austin-Based Startup That Just Raised A $10M Series A

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0 Shares EmailFacebookTwitterLinkedInPraetorian, an Austin-based cybersecurity company, announced this morning a $10 million Series A round of funding. Austin-based Bill Wood Ventures and consulting giant McKinsey & Company put money in the round. Last year, Toronto’s 1Password made headlines for its $200 million Series A raise after 14 years of bootstrapping and profitability. That prompted me to talk to other founders of profitable startups who waited to take on external capital. The company, as of August 2019, reported year-over-year growth of 179 percent with revenue of $12.4 million.

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