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Securicy Reveals $5.2M Raise

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Last summer, Cape Breton’s Securicy quietly raised its first round of institutional investment -- a US$4.1 million or C$5.2 million deal that was never publicized. As the 35-person company works to grow its staff to between 42 and 44, CEO Darren Gallop told Entrevestor in an interview he's decided to reveal the raise now to help draw the interest of potential employees.

The raise, which Securicy initially defined as a pre-seed round before expanding it into a seed round, was led by Indianapolis- and Cincinnati-based Allos Ventures and Halifax’s own Build Ventures. Local seed-stage fund


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