RedShield is a cybersecurity company providing web application defense systems for computers.
September 16, 2019
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 EuropeEurope 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 PicklesSam 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.