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Lastwall Secures $11.5M Series A Funding

Recently funded · $11.5M Series aTechnology, Information and MediaCAView source

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Lastwall, the identity security firm trusted by the U.S. Department of Defense’s Defense Innovation Unit and the Government of Canada, has secured $11.5M in Series A funding. The capital infusion will bolster its mission to secure identity, strengthen critical infrastructure, and enable quantum-safe innovation.

The round saw participation from investors including Business Development Bank of Canada (BDC), NBIF, Frostbite Capital, Blue Bear Capital, 18West, and Blue Wing Ventures. Lastwall specializes in redefining identity security for the modern era, integrating public key infrastructure, Zero Trust architecture, and quantum-resilient cryptography to protect against evolving cyber threats and emerging quantum risks.

Identity security and quantum resilience company Lastwall announced on Wednesday that it has raised $11.5 million (C$16 million) in a Series A extension round to accelerate its expansion in North America.

The funding round was led by the Business Development Bank of Canada (BDC) through its StrongNorth Fund, with participation from NBIF, Frostbite Capital, Blue Bear Capital, 18West, and Blue Wing Ventures. Lastwall told SecurityWeek that it previously raised $1 million (C$1.4 million) in seed funding and $6.7 million (C$9.5 million) in Series A funding. Headquartered in Canada and with offices in t

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