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Monarx Closes $3.4 Million Seed Round from Pelion Ventures and Kickstart Seed Fund

Retrieved on: 
Tuesday, June 12, 2018

SALT LAKE CITY, June 12, 2018 /PRNewswire-PRWeb/ --Monarx announced today the close of a $3.4 M seed funding round, led by Pelion Ventures, with heavy participation by Kickstart Seed Fund.

Key Points: 
  • SALT LAKE CITY, June 12, 2018 /PRNewswire-PRWeb/ --Monarx announced today the close of a $3.4 M seed funding round, led by Pelion Ventures, with heavy participation by Kickstart Seed Fund.
  • Monarx prevents the execution of malicious scripts that are inserted into vulnerable websites.
  • These files, often referred to as web shells or backdoors, create a command and control platform inside a server.
  • Gavin Christensen, managing partner at Kickstart Seed Fund, sees the same opportunity.