Seattle Cybersecurity Firm, Praesidio, Announces .2 Million in Expansion Financing and New …

SEATTLE, Oct. 13, 2015 (GLOBE NEWSWIRE) — via PRWEB – Praesidio announced today it has raised $3.2 million to continue the company’s growth and success with delivering cybersecurity solutions to financial institutions. All existing investors participated in this round and were joined by a select number of new investors. In conjunction with the funding, Sean Cassidy has been promoted to Chief Technology Officer. Mr. Cassidy was the first employee to join Praesidio in May of 2014, as Director of Technology, and has overseen the development of the platform to date.Only in the last few years have technologies and tools become available to allow a new company, like Praesidio, to develop a novel approach that combines Big Data and machine learning to combat the bad actors in the cybersecurity arms race.…


Link to Full Article: Seattle Cybersecurity Firm, Praesidio, Announces .2 Million in Expansion Financing and New …