Guardly, a provider of enterprise mobile safety solutions, announced this morning that it has raised a seed round.
The $1.45 million round, led by San Francisco's Freestyle Capital with participation from Golden Venture Partners and MaRS Investment Accelerator Fund, will help the Toronto-based startup to "further accelerate product innovation" and to support its growing sales and customer service teams.
The Canadian company's solutions have been licensed by enterprise clients for more than 430,000 end users, which are typically employees and students.
“Recent success at Guardly has been driven by our commitment to delivering mobile safety solutions that are first-to-market and that outperform alternatives by orders of magnitude—10 time improvements or greater—with key initial emphases placed on emergency alert origination capabilities, location tracking accuracy and incident response efficiency,” explains Josh Sookman, Guardly's chief executive officer.
Guardly this month released a white paper entitled "Emerging Landscape of Mobile and Cloud Technologies in Corporate Security," which provides technology definitions, outlines emerging trends and highlights innovative vendor solutions to help the larger majority of security leaders improve their understanding and education of these technologies.