CHARLOTTE — ThreatSwitch Inc., a Charlotte-based enterprise security service provider, has raised almost $370,000 in equity and debt.
The firm raised the funds from four investors, with a minimum investment of $50,000, according to a recent Securities and Exchange Commission filing.
ThreatSwitch
The round is capped at $500,000, with $132,500 remaining to be sold.
The firm estimated that around $10,000 from the raise will go towards payments to executive officers.
John Dillard, a former Naval officer and CIA intelligence officer, founded ThreatSwitch back in February 2016.
The ThreatSwitch Platform is a software program meant to help companies maintain compliance with federal requirements, such as employee trainings and security inspections.
The company also provides cybersecurity services that help companies and federal contractors become compliant with federal regulations, such as insider threat programs.
Charlotte-based security service provider looks to raise $1.15M (+ video)
