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RedOwl Analytics raises $4.6M; Kevin Plank among investors

Wednesday, June 25, 2014   (0 Comments)
Posted by: Kris Valerio Shock
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Baltimore Business Journal
Jun 24, 2014, 1:42pm EDT
Ryan Sharrow
Managing Editor- Baltimore Business Journal

Baltimore cyber security firm RedOwl Analytics has closed on a nearly $5 million funding round, with investors including Under Armour Inc. CEO Kevin Plank.

The $4.6 million in Series A funding will be used to ramp up product development and expand RedOwl’s client portfolio in the financial services, law and government sectors. Investors in the new round include Marc Benioff, CEO of Salesforce.com; Igor Sill of Geneva Venture Group, Christian Lawless of Conversion Capital; Attractor Ventures LLC, Propel Baltimore, and Tedco’s new Veterans’ Opportunity Fund.

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