Eclypsium, a Portland-based cybersecurity startup, raised $25 million in new funding to expand its hardware and firmware security platform.
The round was led by PEAK6 Strategic Capital, with participation from Ten Eleven Ventures and an undisclosed bank. Existing investors Andreessen Horowitz, Madrona, Qualcomm Ventures, and others also participated.
Founded in 2017 by former security engineers at Intel, Eclypsium serves private and public sector customers. It scans the hardware and firmware of laptops, servers, network devices, and AI infrastructure for vulnerabilities that sit below the operating system.
The company plans to use the funds to expand further into AI infrastructure and a growing array of edge devices — including GPU servers, NVIDIA BlueField-based appliances, SASE and SD-WAN edge devices, 5G equipment, and CCTV cameras.
The company is led by CEO Yuriy Bulygin and CTO Alex Bazhaniuk and is ranked No. 115 on the GeekWire 200, our list of top tech startups in the Pacific Northwest.
Eclypsium raised $45 million in equity and debt as part of a Series C round last January. Total funding to date is $110 million.
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