SolCyber, a provider of managed detection and response (MDR) services, has raised USD 20 million in a Series A funding round led by ForgePoint Capital.

The funding also marks SolCyber’s emergence from stealth. The company expects to use the funds to expand product offerings, marketing, customer growth, and increase its headcount to 20 (from the current 12) by the end of the year.

Incubated at ForgePoint Capital, SolCyber provides security solutions including ransomware assessment, active directory exploitation prevention, email security, endpoint detection and response (EDR), lateral movement detection, and a 24/7 SOC. SolCyber provides its MDR solutions for midsize organizations. Although emerging from stealth, SolCyber has partnered with the Rizek Group to provide its solutions across email, endpoint, and active directory services.