RedShield is a web application shielding-with-a-service cybersecurity company. It provides web application shielding software with cybersecurity services. It aims to deliver security operations, tools, and proprietary shielding micro-services that save their customers time, money, and ensure secure business operations.
In late 2016, the company successfully completed a Series A funding round for NZ$6.2 million to support their global expansion. Continuing on from the impressive growth achieved to date – 450% over the past three years, RedShield is striving forward. A Series B is on the cards as Europe and other potential markets come to the fore. “When we started we were having lots of meetings but few conversions, but now with our sales process we are getting 80% conversion,” explains Andy. This is certainly an enviable achievement and makes RedShield a high-growth New Zealand tech company to watch.
Andy Prow, Graeme Neilson, and Sam Pickles founded RedShield in 2008. It is headquartered in Wellington, New Zealand, with an office in Denver, Colorado. RedShield Security's investors include Pencarrow Private Equity, Sage Technologies and others.
RedShield and the battle to keep the cybercriminals at bay - Idealog
August 14, 2017