Foley Hoag LLP recently represented cybersecurity company GreatHorn in closing its $6.3 million Series A financing.
Based in Belmont, Massachusetts, GreatHorn offers cloud security solutions that natively integrate with popular cloud communication platforms to stop targeted social engineering and phishingattacks. GreatHorn will use the proceeds of the funding round to meet rising customer demand, expand R&D activities and accelerate sales and marketing efforts.
Techstars Venture Capital Fund and .406 Ventures led the funding round, with participation from existing investors ff Venture Capital, SoftTech Ventures and RRE Ventures. As part of the financing, .406 Ventures Partner, Greg Dracon and Techstars Ventures Partner Ari Newman, will join GreatHorn’s board of directors.
Foley Hoag attorneys Mark Haddad, Amanda Vendig and Mark Potash advised GreatHorn in the transaction.