Claudette McGowan, former global executive officer for cybersecurity at TD Bank, launched the Toronto based startup this month. BKR Capital, which invests in Black entrepreneurs, led the seed round. Firehood Angels also invested, along with MaRS chair and NRSTor CEO Annette Verschuren and Wealthsimple Foundation CEO Leen Li. (The Logic)
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Claudette McGowan, former global executive officer for cybersecurity at TD Bank, launched the Toronto based startup this month. BKR Capital, which invests in Black entrepreneurs, led the seed round. Firehood Angels also invested, along with MaRS chair and NRSTor CEO Annette Verschuren and Wealthsimple Foundation CEO Leen Li. (The Logic)
Talking point: The funding will help build out Protexxa’s platform, which identifies and resolves common cyber issues. The startup said its technology is being piloted across several industries, including government, academia and healthcare. McGowan herself has been a champion for women founders. She launched Phoenix Fire with Danielle Graham in March, part of the Archangel Network of Funds. The fund is designed to address the twin challenges of access to capital for women founders and access to deals for women investors.
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