Pachyderm raises $16M to accelerate hiring, continue building Pachyderm Hub

Pachyderm announced it has raised $16 million in Series B financing led by M12, Microsoft’s venture fund. Jon Sakoda of Decibel Ventures, an independent venture firm backed by Cisco, also joined the round alongside returning investors including Benchmark and YCombinator, among others. M12’s investment was led by Microsoft Corporate Vice President and the fund’s Global Head Nagraj Kashyap, who will join Benchmark’s Chetan Puttagunta on Pachyderm’s board of directors. “M12 and Decibel will prove essential … appeared first on Help Net Security.