SWIMLANE RAISES $3 MIL­LION IN FUNDS

The Denver Post - - BUSINESS - By An­thony Hahn,

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.

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