Cybersecurity Startup Monad Inc., Raises $17 mln in Series A Led by Index Ventures - NewsBreak

Monad Inc., a cybersecurity startup based in San Francisco, has raised $17 million in a Series A funding round led by Index Ventures. The round counted with participation from Sequoia Capital, which led Monad's seed funding round. Thanks to the new investment, Monad's total funding has reached $19 million, enabling the startup to expand its secure data cloud platform development. Sequoia partner Shaun Maguire and Index Ventures partner Carlos Gonzalez-Cadenas will also join Monad's board as observers.