Protenus raises $13 million in new funding round

Protenus, aBaltimore data security company, has raised $13 million in new equity financing, according to documents filed with the U.S. Securities and Exchange Commission. The funds were raised as part of a round that could reach up to $16 million total, according to the SEC filing. Nine investors participated. Protenus declined to comment on why the funds are being raised.  The new round follows on a $11 million Series B raised by the firm last year. That round was co-led by Kaiser Permanente Ventures and F-Prime Capital Partners, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures. (Balt. Bus. Journal)

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