Three Austin startups combine to raise $24 million for growth

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Melvin Hines is co-founder and CEO of Upswing, which announced this week that it raised $5 million to expand its offerings and grow its team.

Three Austin-based startups — one focused on cybersecurity and two on remote education offerings — have combined to raise $24 million funding deals this week.  

Living Security, a startup focused on cybersecurity awareness training and risk management, raised $14 million, while software startup Acadeum and online student engagement platform Upswing each raised $5 million. 

Living Security makes a cybersecurity training platform and is developing a human risk management tool that uses data to help companies understand and spot security vulnerabilities and predict cyberattacks. The company, which started in 2017, said it plans to use the funding to continue its expansion beyond training and continue developing its platform. 

Living Security, a startup focused on cybersecurity awareness training and risk management, said it raised $14 million to grow its offerings.

The round was led by Updata Partners and also included investment from Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners. 

Living Security CEO Ashley Rose said the company’s goal is to train people to be assets, not risks, in defending against cyber attacks. 

“During the last three years, Living Security revolutionized security awareness training programs that were boring, ineffective and implemented just to meet minimal…

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