Pelion Leads Investment In Cyber Risk Firm UpGuard

Salt Lake City-based venture investor Pelion Venture Partners is one of the co-leads on a developer of continuous, cyber risk monitoring software. Silicon Valley-based UpGuard said it raised $17M in its Series B funding on Thursday. The round was co-led by Pelion and Square Peg Capital, and also included Australian insurer IAG. Pelion's Chris Cooper was the lead on the investment in UpGuard. More information »