A US cybersecurity firm banked $36m in series C funds with this deck

ABOUT

Awake Security is a US-based startup that provides artificial intelligence-driven security network detection and response solutions for firms.

The company says its security system is designed to mimic the human brain, as it analyzes network traffic and autonomously identifies, assesses, and processes threats to give firms deeper and more actionable insight on how to respond more effectively.

In September last year, California-headquartered computer networking company Arista Networks acquired Awake Security.

Awake used this pitch deck to secure its series C funding round in April last year.

Fundraising journey

• 2014: US$8.7 million of series A funding from Greylock Partners
• 2016: US$22.5 million of series B funding from Bain Capital Ventures
• 2020: US$36 million of series C funding led by Evolution Equity Partners, with participation from Energize Ventures, Liberty Global Ventures, Bain Capital Ventures, and Greylock Partners

How is the deck compelling?

• The deck starts by providing an executive summary that shows the company’s current general information, its market opportunity, and the members of its leadership team.
• It goes on to share interesting details such as Awake Security’s key customers and pipeline, analyst perspectives, and the challenges that were present before it introduced its service.
• At the end of the presentation, the company presented information on its financial metrics and forecasts.

SOURCE

Deck: AngelMatch