Concentric AI raises $14.5 million in Series A funding

Concentric AI is an American data security service provider dedicated to providing data risk assessment, monitoring and protection for enterprise data, including protecting intellectual property, financial documents, PII/PCI content, customer data, Commercial confidential data and other services. Announced today that it has raised a $14.5 million Series A round led by Ballistic Ventures to expand its existing roster of enterprise clients through expanded sales and marketing efforts, with additional backers including Citi Ventures, current investors Core Ventures Group, Engineering Capital and Clear Ventures joined.

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