Saturday, July 20, 2024
HomeFunding UT-based Legato Security Secures Funding to Drive Growth and Innovation

[Funding News] UT-based Legato Security Secures Funding to Drive Growth and Innovation

Legato Security, a premier Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) based in Salt Lake City, Utah, today announced it has received a capital investment to support its strategic growth. The round was led by Level Structured Capital (an affiliate of Level Equity) and SageLink Capital.

Legato Security, a premier Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) based in Salt Lake City, Utah announced it has received a capital investment to support its strategic growth. The round was led by Level Structured Capital (an affiliate of Level Equity) and SageLink Capital.

Read also – [Funding News] Canada-based Ability Biologics Secures US $18 Mn Seed Funding

With this significant investment, startup will amplify and accelerate its growth and go-to-market strategies, partner marketing, sales organization, and continued investments into their cutting-edge Security Operations Platform, Ensemble.

Read also – [Funding News] CA-based Scoop Analytics Announces $3.5M Seed Funding

The growth funding will further empower Legato Security to continue providing top-tier security services, including its Managed Detection and Response (MDR+) offering, and a wide range of strategic and professional security services. These services are essential for organizations striving to navigate the dynamic and challenging cybersecurity landscape.

“We are thrilled to announce this Series A funding, which marks a pivotal moment for Legato Security,” said Tom Boyden, CEO of Legato Security. “This investment will significantly accelerate our go-to-market strategies across multiple business units, enhancing our ability to deliver comprehensive security solutions and drive innovation. We are grateful for the support from Level Equity and SageLink Capital and look forward to our continued partnership.”

This round of funding will accelerate our go-to-market strategies with our partners, and create additional opportunities for us to build even deeper relationships with our customers. In conjunction with the transaction, Mike Robertson from SageLink Capital will join Legato’s Board of Directors.

About Legato Security

Legato Security is a Managed Security Service Provider (MSSP) dedicated to protecting organizations from cyber threats. With a vendor-agnostic approach, a team of security experts, and innovative solutions like MDR+, Legato Security empowers businesses to stay ahead of cyber adversaries and safeguard their critical assets.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular