Toronto-based cybersecurity startup Protexxa has raised $10 million in a Series A funding round. Founded in 2021 by Claudette McGowan, Protexxa offers an AI-driven platform that identifies and resolves cyber issues, focusing on improving cyber hygiene and incident response.
New and leading investors in the Series A were Bell Ventures, the venture arm of Bell Canada, and Sandpiper Ventures. The round also saw participation from existing shareholders Export Development Canada, BKR Capital, The Firehood Angels, and Graphite Ventures, among others. “Protexxa has proven the human-side of risk is where the world needs to focus,” stated a Firehood cofounder.
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