Published: March 18, 2026 at 8:25 am
London cybersecurity startup Tracebit has raised $20m (£15m) in Series A funding.
The latest investment, led by FirstMark, brings the total funding raised to date to $25m.
Co-founders Andy Smith (CEO) and Sam Cox (CTO) launched the company in 2023 after spending five years growing the engineering team at UK cybersecurity startup Tessian. The platform claims to detect breaches in seconds.
Tracebit uses cloud-native APIs to create tailored canaries across cloud networks to lure out threats without hardware.
FirstMark was joined by Accel, MMC Ventures, Tapestry VC and CCL – Cyber Club London.