GlitchSecure teams up with the BDC to accelerate its cybersecurity platform, providing vulnerability assessments for businesses of all sizes.
GlitchSecure, a Winnipeg-based security testing company, announces the closing of a $2 million CAD Seed funding round. The round was led by BDC’s Seed Venture Fund, with participation from the TinySeed syndicate. This is the first investment in Manitoba for the BDC Seed Venture Fund and marks an important milestone in GlitchSecure’s journey to reshape how organisations approach cybersecurity by replacing outdated, reactive measures with continuous, proactive testing solutions.
Founded in 2022 by Jade Null, a self-taught ethical hacker and penetration testing expert, GlitchSecure is tackling a growing vulnerability in the cybersecurity landscape: the primary reliance on annual penetration testing. These infrequent assessments provide a limited snapshot of an organisation’s security posture. In the rapidly evolving threat landscape, vulnerabilities can emerge and be exploited within hours, leaving organisations exposed to significant risks, including data breaches, financial losses, and reputational damage.
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BUILDING A PEOPLE-FIRST STARTUP
GlitchSecure is built around its people; this looks like a true commitment to core values of transparency, respect and fair compensation. Salaries are clearly outlined and made public to ensure fair compensation along the journey. As part of the funding round, a meaningful ESOP plan that matches combined investor ownership was created to ensure that when the Company wins big, the employees who built it share in the rewards.
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Over the course of 2024, GlitchSecure has grown to ten team members across Canada and the US who are a collection of incredible hackers and folks who are passionate about the mission to secure the web. While a remote-first company, GlitchSecure is based in Winnipeg and will be opening an office over the coming months as a hub for local and visiting team members, as well as the Winnipeg cybersecurity community.
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