Wall Street bank Goldman Sachs Group Inc has anchored the $47.6-million Series B funding in Australian cybersecurity startup Secure Code Warrior, in what is touted as the largest-ever US investment for a cybersecurity business in Australia, according to a company announcement.
Existing investors AirTree Ventures and Paladin Capital Group and new investors ForgePoint Capital and Cisco Investments also participated in the funding round that will finance Secure Code Warrior’s global expansion initiatives, ongoing product innovation, and the establishment of new operations in the US and Singapore.