Safe Security raises $70 Mn in Series C led by Avataar Ventures

Cybersecurity startup Safe Security, previously known as Lucideus, has secured $70 million in a Series C round, led bybAvataar Ventures. The funding round attracted both new and existing investors, including Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, Eight Roads, ex-Cisco CEO John Chambers, and Sorenson Capital.

The fresh capital will be used to accelerate Safe’s ‘CyberAGI’ vision, growing its engineering, go-to-market, and R&D.

Founded in 2012…