Atlanta (March 23, 2022) - Morris, Manning & Martin advised Nucleus Security in its $20 million Series B funding round. Lead Edge Capital led the round with participation from Arthur Ventures, a Series A investor of Nucleus.
Nucleus Security is a leader in unified vulnerability management and process automation. Based in Sarasota, Fla., it automates vulnerability management processes and workflows, enabling organizations to mitigate vulnerabilities 10 times faster, using a fraction of the resources that it takes to perform these tasks today. The funding will be used to accelerate product development and enhance customer experience, scale engineering and support services, expand Nucleus’ presence in APAC as well as invest in the company’s people and culture. Lead Edge Capital is a growth equity fund that based in New York City and Santa Barbara making software, internet, consumer, and tech-enabled services investments globally. Arthur Ventures, based in Minneapolis, leads investments in B2B software companies in every region of the U.S. and Canada.
The MMM team is led by Nick Foreste and includes Jacob Stewart and Meredith Richards, all of Atlanta.