Dope Security raises $16M

 

Network security services startup Dope Security raised a $16M Series A led by Google Ventures. 

The company works on blocking certain traffic within organizations.

  • Dope Security works by using an organization's endpoints instead of routing entire traffic through the cloud or on-premise servers.
  • The secure gateway market was worth $9B at the end of 2022 and is projected to increase to ~$24B by 2028.
  • The round included participation by follow-on investors Boldstart Ventures and Preface.
    • Dope Security has raised a total of $20M since its inception.

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