Providence Equity Partners

Plano Information Security Startup Raises New Funds Amid Growing Global Threats

by | Jun 1, 2022
In about 24 months, Plano-based Tentacle has grown from an "idea sketched out on a PowerPoint deck to a valuable enterprise application that's able to solve real problems," says founder and CEO Matt Combs. 

Now a new investment by Providence Strategic Growth will help the cybersecurity startup expand both its functionality and market position, after a 105% surge in ransomware attacks and a 350% increase in social engineering attacks in 2021.
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