VanishID Secures $10M Funding to Boost CEO Protection Software
Deal News | Apr 23, 2025 | Rally Ventures Management LLC
VanishID, previously known as Picnic Corporation, announced its rebranding alongside the securing of $10 million in funding from a cohort of investors including Dell Technologies Capital, Crosslink Capital, and Rally Ventures. The company specializes in providing advanced security solutions, particularly for executives at risk of privacy breaches. With a robust offering that includes continuous monitoring of online threats and AI-enhanced protection capabilities, VanishID targets both individual executives and their organizations with features like dark web monitoring for compromised passwords and social media fraud detection. The newly gained capital will be directed towards expanding VanishID's market outreach and enhancing its product portfolio to ensure heightened privacy and security for executives.
Sectors
- Cybersecurity
- Artificial Intelligence
- Venture Capital
Geography
- United States – The involved parties, including VanishID and the primary investors, are based in the United States.
Industry
- Cybersecurity – VanishID operates in the cybersecurity sector by offering solutions designed to protect executives and employees from online threats.
- Artificial Intelligence – VanishID utilizes agentic AI to enhance its cybersecurity offerings.
- Venture Capital – The article discusses a venture capital funding round led by multiple investors to support VanishID's growth and market initiatives.
Financials
- $10 million – The funding amount raised by VanishID to enhance its product capabilities and market reach.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| VanishID | Target Company | Company | A company offering online protection solutions for executives and employees, formerly known as Picnic Corporation. |
| Rally Ventures | Investor | PE Firm | A venture capital firm participating in VanishID's $10M funding round. |
| Dell Technologies Capital | Investor | Company | Invests in early-stage companies and participated in VanishID's recent funding. |
| Crosslink Capital | Investor | Company | A venture capital firm that took part in VanishID's funding round. |
| Energy Impact Partners | Investor | Company | An investor focusing on companies utilizing energy-efficient technologies, also investing in VanishID. |
| Bright Pixel | Investor | Company | A firm that partners with bold entrepreneurs to innovate and participated in VanishID's funding. |
| LockStep Ventures | Investor | Company | A participant in VanishID's funding aimed at protecting executive privacy. |
| Mark McLaughlin | Investor | Person | Former CEO of Palo Alto Networks investing in VanishID for advanced online protection solutions. |