HiveWatch Next-Gen PSIM Raises $20 Million Led By Ex-Twitter Execs

**********

*********,******* ** ****, ** * ***** **** ******** that ***** **** **** ******* *** monitoring ******* **** *** *** **** interface, ***** ** ***** ** "******," with *** **** **** ** ********** false ****** *** ******* ******** ******** prioritize ****** ********* ***** ************.

*******

*** ******* ****** *********(********), * ****** *** *********** ******* and **** ******* *** ******** ********, who ******* ********* ***** ****** ********** founded ** ********* ******** ********** ****, RAS ********** & **************, ** ****. After ******** *** **********, ********* ****** in *** ******** ********* **** "** just ******'* **** *** ****** *** anymore" *** **** "********** ********* *** gotten ** ** *** ****":

** ****, ******* **** ********* *** working ** * ****** ** * Fortune *** *******’* ****** ******** & Safety ********** ***** ****he ******* ** **** ******’* **** *** ****** *** *******. Constantly hearing, “because that’s the way it’s always been done” and inefficiencies ******** **** ********* ******* *** ********** ********* *** ****** ** ** *** **** *** ***. [emphasis added]

*******

** ********, *** ******* **** ******* ** former ******* ********** **** ******* *** Adam ****, *** *********'* ****** * fundraise, ***** ******** ************* **** ***** Groom,**** ***, *** *** ***-*********** *****'****** *** *******,********* ** *** ***** *******.

********* ********* ** **** **** ** has *** ****** $** ******* *** with *** ***** ** **** *****. HiveWatch ********** ****** $* ******* *** in ******** ****, **** ******* **** Crosscut ********, ********* *******, *** **** Ventures.

No ********* ******* *********

********* ********* ** **** **** ** financial *******—******* ** *******, ******, *********, or *** ***** **** ** ******** sense ** *****. ** ********* *** uncertain ** **** **** *** *********. We ****** **** **** ** ***** some ***, ***** *** ******** *** their ****** ******, ****** ** ** be ***.

Valuation $** ******* ** ******

**** *****, ** ****** * ******** valuation *** *********, ** *** $** million-plus *****, ***** **** *** ****** is ********* *** ** *********** *** the ********* *** ****-**** ******* **** investors *** **** *****-*****, **** ******** security *********.

No ******** **********

** * ***** *** **** ********, HiveWatch ***** *** **** ******** *** many ********* ** ***, ************** ******* ** *********. ********, ********* ****** ** ****:

******** *****’* ****** ******* *** **** number ** ********* ** ************ ***, and **’** **** ********* ** ******* for **** ** *** *********.

Team *********

*** ******* *** ******* ** **** that ** ***** ** "******" *** team ** ***** **** ****:

HiveWatch ********* *** *+ **** ********* **** ***** ** ****** *** **** ** ***** **** ****. We’re hiring across engineering, product, customer success, marketing, and sales. We’re rapidly growing and excited that we have more amazing folks joining our team every week. Specifically, we’re looking for hungry individuals who embrace our company values. [emphasis added]

********* ********* *** ** *** ********** ** **********, **** **** ** those ******** ****** * ********* ***** (e.g., **** *********, ******** ********, *** systems ********).

No ****** **** *********

**** ** * ***** *** **** coverage, ********* ********* **** ***** *** no ****** ********* *********. ******* ** that, ** ** ********** ** **** make ******** ******* ***** *** *** product *****, **** ** ********, ***.

Engineering **** *******

********* **** **** **** *** *********** team **** **** "** *** **** few *****" *** ** * ***** of *** *****:

** *** **** *** ***** ** already **** ******* **** ****** *** will ** ******* *** ***********, ******** success *** ********* *****.

***** ************ **************, *********'* ** ** ***********, **** of *********'* ******* ********* ** ******** have ***********-******* *****.

Says "**** *** **** * *******"

********* *** ****** ******** ** ***** in ******** ** ****, ****** **** "PSIM *** **** * *******" **** has ******* "****** *******" ** "**** companies":

** **** **** ** ** ******** that *** **** *** **** * failure ** **** *************. ************, ***** were *** ******** **** **** ********* spent *********** ******* ********* *** ***** resources ** **** ****** *******. ***** products *** ***** ******** **-******* *********, plagued ** *********** ***********, ********** **********, and ***** **********.

**** ** ********** **** ********** ******** from *********, *.*., ** ******** ***** ***** ***** *** ****:

**** * *********** ********* ***********, *** biggest *********** ** *** ** ********** product. **'* * ****** ******* ******** called * ****. *** *** **, plus *****, **'* *** *** *** security ******** *** ***** ** ******* bringing *********** **** ********* ********* **** historically ***'* **** ** **** *****. HiveWatch ********* ************ **** ***** ** the ******. *** ** **** ** in * *** ****'* **** **** user ******** *** *********.

***** ** ** ***** ******* **** year ********** ********* ** *****:

Description ** ********

********* *** ******* ******* ***** ** the ********, *********:

********* ** * *****-****** **** ******** that ** ******* ********, ****** ********, and ***** ************* *********** ***** ******** at * ************ *****. **** * modern **** **********, ********* **** ********** analytics ** ******* *** */* **** program ******.

***:

** ***** ********* ** **** **** with **** ******** *******, *** ******* program ***** ******* ** *********** ***********.

Declined ** **** ***********

********* ******* ******** ** **** *** competitors, ****** ******* **** **** ******** "have *********** ********":

***** *** * *** ** ******** on *** ****** **** **** *********** features, *** **** ** ******* * solution ** *** ************ *****.

**** *** ** ******** ** **** asking ************ ***** ******** ******************* ** *** ** *** ******* large ******* **** **** **** ********* aims ** **.

Declined ** **** ****** *********

********* ******* *** *** ******* *** target ********/*********, ******* ****:

** ***** ********* ** ***** ******** security ******** ** ***** **** ****-******* companies ** *** ******* ***********. ********* is ******* ** ***** ********** *** unparalleled **** *** ******** **********.

** ******* ********* **** ********** ***** on *** ********** ***** *** **** / ********** ***** **** ** "****** fusion" ***. *** ******* ************* *** because ********* ** ** ***** ** is **** ** ** **********.

Success *******

**** **** ***** **** **** ***** HiveWatch ***** ****** ********** ***** **** previously ******:

• *** ***********: ****** ***** *********, ***** ***** are ********* ***+ ***********, ****** ****** is *** ********** *** ***** (** next-generation *****, ***.). *** **** **** HiveWatch's ******* *** *******. **** ***** them * ********** ****** ********.
• ****, *** *******: *** **** *** **** ** a ***-**** ********* ******* **** **** software ***********. **** **** ***** ********* highly ********* ** *** ******* ****. By ********, **** ******* * **** sustainable, ******, ******* ******* ******.
• *****-*****: ***** *****-***** ***** **** ***** many ** *** ********* ****** **** plagued ***** ** ****** ** ****** to ******** ****** *** ******* ** other ***** *******. *******, **** ***** has *** ***** ** ********** ** most ******** ******** ******* **** ****** on-site, ** ***** *** ***.

Execution ********

********* ** ****** * ******** *** startups *** ***** *** *******'* ************* lack ** ****** ***********, ** **** this ** ****** **** ****** *** the ****** ** ***** ******** ** have ******* ******** **** ******** ********. Combine **** **** *** ***** **** was ** ******* / ********* ************ and ** **** *** ** ****** or ***** ** ***** *******.

*******, *** ******* *** ******** ***** trends ** *** ***** *** ********* has * **** ** *******.

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