SWIMLANE RAISES $3 MILLION IN FUNDS
Louisville software company Swimlane LLC has raised $3 million of a scheduled $3,175,000 private offering, according to documents filed with the U.S. Securities and Exchange Commission.
The funding round, backed by shares of stock in the privately held company, was disclosed in a Regulation D filing on Thursday with the U.S. Securities and Exchange Commission.
The company produces an automated security software platform that enables organizations to automatically respond to cyberattacks and automate specific tasks.
The platform “centralizes an organization’s security alerts, alarms and incidents,” according to the company’s website. Swimlane officials did not return calls seeking comment.
Swimlane won the 2016 MongoDB Innovation Award in the “Securing the Enterprise” category this summer, according to its website. The company raised $1 million in debt financing afterward.
It was founded in 2014 by Cody Cornell, its CEO, and Brian Kafenbaum, who now serves in an advisory role to the company.