St. Louis, MO – May 29, 2014 – Observable Networks, an emerging leader of network security technology and advanced threat detection services, today announced it has received $2.45 million in Series A1 funding arranged by DH Capital, an investment banking firm serving companies in the Internet infrastructure, communications, and SaaS sectors. As part of the funding, Observable Networks received additional institutional backing from the Vectis II fund, a prior investor, of which Stifel, Nicolaus & Company, Inc. is a general partner. The cyber security startup will use the investment to expand and strengthen sales, marketing, and the product development of its cloud-based Network Security-as-a-Service offering. As part of its expansion, the company will also recruit top engineering and channel development talent, and bring its innovative security capabilities to broader markets to meet high demand for advanced threat detection services.
View full version here.