Assertion Supported AI assessment confidence: 98% certainty 5/5 debate potential 1/5

Rose: Living Security closed a $14M Series B in March 2021

Ashley Rose · LivingSecurity SaaS Breaks $3m ARR, 150% Retention, New Unify Product To Create More Insights for Security Leaders · Jun 1, 2021 · at 5:45

Living Security CEO Ashley Rose discusses the company's capital raises with Nathan Latka.

0:00 / 0:03exact quote · 3.4s

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“We closed our fourteen million dollar series B in March of this year.”

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The claim, plainly

Living Security closed a $14 million Series B round in March 2021.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

On March 30, 2021, Living Security and lead investor Updata Partners publicly announced the closing of a $14 million Series B financing round. The transaction details and timing are corroborated across official company press releases, investor announcements, media coverage, and venture funding databases.

Living Security and PR Newswire press release (March 30, 2021) announcing the close of a $14 million Series B financing round led by Updata Partners.
Updata Partners announcement (March 30, 2021) confirming it led the $14 million Series B round for Living Security.
Built In Austin and SecurityWeek reporting (March 30-31, 2021) covering the $14 million Series B raise.

Checked against

[1] prnewswire.com [2] updata.com [3] sec.gov [4] sec.gov [5] builtinaustin.com [6] securityweek.com [7] finsmes.com [8] tracxn.com

"Living Security" "Form D" OR "Series B" SEC Living Security Series B 14 million March 2021 Living Security Series B Updata Partners 14M March 2021 SEC Form D

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Living Security

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“In the next 12 months, yes.”

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Disclosure

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Assertion Not checkable as stated

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“Right, so one percent revenue churn, gross revenue churn, and then over another, I think it was 312% in growth.”

Ashley Rose May 31, 2020 ▶ 9:45 LivingSecurity.com: Guess What Multiple They're Raising $5m Series A At

Prediction Not checkable as stated

Living Security expects a Series A to reach cash flow positive

“We think between five and eight million, we can take that in the door and we can actually get to cash flow positive.”

Ashley Rose May 31, 2020 ▶ 12:05 LivingSecurity.com: Guess What Multiple They're Raising $5m Series A At

Disclosure

Living Security targets greater than a 10x revenue multiple for Series A

“We're looking at higher than a 10 X multiple.”

Ashley Rose May 31, 2020 ▶ 12:41 LivingSecurity.com: Guess What Multiple They're Raising $5m Series A At

Assertion Not checkable as stated

Rose: Living Security's ACV is between $25K and $35K

“ACV is still in the 25 to 35,000 dollar range.”

Ashley Rose Jun 1, 2021 ▶ 7:10 LivingSecurity SaaS Breaks $3m ARR, 150% Retention, New Unify Product To Create More Insights for Security Leaders

Rose: Living Security closed a $14M Series B in March 2021

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