Array Ventures raises $56M to back tech-heavy enterprise software

Shruti Gandhi wants to clear up a misconception in first-check fundraising: Every founder doesn’t need their early-stage investors to be a shoulder for them, they just need their investor to understand their business in a way that others don’t. Most of the entrepreneurs in her portfolio for Array Ventures, a fund she started five years […]

Blumira raises $10.3M Series A to bring cloud-based SIEM to mid-market companies

Blumira today announced it raised a $10.3 million Series A financing round. The Ann Arbor-based cybersecurity company says the capital will be used to expand its product offering, double its headcount to 80 employees, and grow its partnership program with managed service providers. The company, founded in 2018, seeks to provide enterprise-level security to medium-sized […]