GV leads $15 million investment in stealth Canadian cybersecurity startup Cmd
February 26, 2019 / PAUL SAWERS
A Canadian cybersecurity startup is emerging from stealth today with a fresh $15 million in funding from Alphabet investment arm GV, with participation from startup studio Expa, Amplify Partners, and a host of additional “strategic investors.” Founded in early 2016, Cmd is the brainchild of former Hootsuite senior security engineer Jake King and Expa partner Milun Tesovic. Expa, for the uninitiated, was created in 2013 by Uber and StumbleUpon cofounder Garrett Camp, and it pitches itself as a “company that creates companies.” A few years back, Expa launched its own startup accelerator with $100 million in outside funding, and it’s in this environment that Cmd was born. Cmd is emerging as data breaches are rampant across industries, with the likes of retail giant Target, extramarital affairs website Ashley Madison, consumer credit score company Equifax, and — most recently — hotel giant Marriott all suffering major hacks in recent years.