# RunSafe Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/runsafe-security

- Industry: IT Security/Cybersecurity
- Headquarters: McLean, US
- Website: www.runsafesecurity.com
- Total disclosed funding: $20M
- Latest round: Series B (May 10, 2024)
- Investors on record: 12

## About

Founded in 2015 by Doug Britton, Joe Saunders, and Simon Hartley, and based in Virginia, US, RunSafe Security Inc. operates as a provider of cybersecurity solutions that protect embedded systems and devices against cyber-attacks. In September 2024, RunSafe Security Inc. raised USD 12 million in Series B funding co-led by Critical Ventures and SineWave Ventures, with participation from Iron Gate Capital, Hyperlink Ventures. NextGen Venture Partners, Alsop Louie Partners, Lockheed Martin Ventures, Working Lab Capital, BMW i Ventures also participated in the round.

RunSafe Security specializes in memory-based cybersecurity solutions for embedded systems, focusing on protecting software from vulnerabilities throughout its lifecycle. The RunSafe Security Platform offers runtime protection without the need for code rewrites, enabling manufacturers to secure existing software efficiently. The platform enhances visibility into supply chain risks and automates protection processes, ensuring compliance while minimizing the need for constant patching. By integrating security during the development phase, RunSafe aims to reduce attack surfaces and streamline incident response, allowing developers to concentrate on innovation without compromising performance or security. The company serves various industries, including critical infrastructure and national security.

The company intends to use the September 2024 funding to develop new products and expand its customer base into EMEA and APAC.

## Funding rounds

- Series B, May 10, 2024, $8M — Alsop Louie Partners, BMW i Ventures, Iron Gate Capital, Critical Ventures, SineWave Ventures, Working Lab Capital, Lockheed Martin Ventures, NextGen Venture Partners, Hyperlink Ventures
- Series A, Mar 5, 2020, $3.5M — Lockheed Martin Ventures, NextGen Venture Partners
- Series A, Dec 9, 2019, $6.3M — Alsop Louie Partners, Virginia Venture Partners, Working Lab Capital, Inner Loop Capital, Renegade Ventures
- Seed, Mar 22, 2018, $2.4M — Alsop Louie Partners, Virginia Venture Partners

## Investors

- Alsop Louie Partners (https://capitalatlas.ai/funds/alsop-louie-partners) — Seed, Series A, Series B
- Virginia Venture Partners (https://capitalatlas.ai/funds/virginia-venture-partners) — Seed, Series A
- Working Lab Capital (https://capitalatlas.ai/funds/working-lab-capital) — Series A, Series B
- Inner Loop Capital (https://capitalatlas.ai/funds/inner-loop-capital) — Series A
- Renegade Ventures — Series A
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series A, Series B
- NextGen Venture Partners (https://capitalatlas.ai/funds/nextgen-venture-partners) — Series A, Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series B
- Iron Gate Capital (https://capitalatlas.ai/funds/iron-gate-capital) — Series B
- Critical Ventures (https://capitalatlas.ai/funds/critical-ventures) — Series B
- SineWave Ventures (https://capitalatlas.ai/funds/sinewave-ventures) — Series B
- Hyperlink Ventures (https://capitalatlas.ai/funds/hyperlink-ventures) — Series B