The round brings Tracebit's total funding to 25 million USD following a 5 million USD round in 2024 led by Accel. The article text appears to have omitted some investor names and the founders' names.
About Tracebit
Tracebit is a cybersecurity startup that builds cloud-native deception technology to help organisations detect intrusions early by deploying decoy assets, or canaries, across modern cloud environments.
London, United Kingdom
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Source: https://tech.eu/2026/03/17/tracebit-raises-20m-series-a-to-expand-cloud-native-deception-tech/
Frequently Asked Questions
What type of funding round did Tracebit raise?
Tracebit raised a series-a round.
How much did Tracebit raise in its series-a?
Tracebit raised $20,000,000 USD in its series-a.
When did Tracebit raise its series-a?
Tracebit raised its series-a on 2026-03-17.
Who invested in Tracebit's series-a?
The investors in Tracebit's series-a are: MMC Ventures, Tapestry VC, CCL.
What type of investment was Tracebit's series-a?
Tracebit's series-a was a equity investment.
How will Tracebit use the funds from its series-a?
Tracebit plans to use the funds for: roll out new products, expand customer base, grow go-to-market team, grow engineering team.