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.