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LogRhythm Co-Founder Invests $9 Million in RADICL, a Boulder-based Cybersecurity Startup

Jonathan Wong

Jonathan Wong

24 November 2023

Chris Petersen, co-founder of LogRhythm, invests $9 million in RADICL, a cybersecurity startup focused on protecting small to medium-sized enterprises in defense and critical infrastructure.

RADICL recently raised funds to develop its flagship product, RADICL XTP, offering extended threat protection to SMBs.

The platform provides proactive cybersecurity management, real-time threat monitoring, and compliance services. Paladin Capital Group led the $9 million funding round, supporting RADICL's growth and development plans through 2024.

The startup plans to launch a more widely accessible platform in early 2025.