# BehavioSec funding: rounds and investors > BehavioSec has raised $26M across 4 rounds since 2008. Investors include Lunova, PNF venture capital and Octopus Ventures. Every round with its source. Source: https://millionrounds.com/company/behaviosec (Millionrounds; every figure on the page links to its filing or article) Sweden · [Series B startup](https://millionrounds.com/companies) # Who invested in *BehavioSec* 4 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cybersecurity Funding summary Updated 26 Oct 2026 **$26M** raised across 4 rounds since 2008, from 4 sources **$589K** Seed **$1.4M** Series A **$6.2M** Series B **$18M** Series B - **Latest round:** Series B, $18M Jan 2018 - **Step-up i:** 2.8× - **Investors:** 12 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2008 2010 2012 2014 2016 2018 **$589K** Seed **$1.4M** Series A **$6.2M** Series B **$18M** Series B - **First round:** Seed, $589K - **Biggest round:** $18M - **Usual gap between rounds:** 3.3 years ## The rounds - **Jan 2018** Series B **$18M** *4 new* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) [Octopus](https://millionrounds.com/fund/octopus) Conor Trident Capital Cybersecurity/ Cisco Reported by FinSMEs SEC filing: $17M sold, first sale Jan 2018 - **Dec 2014** Series B **$6.2M** *2 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Northzone](https://millionrounds.com/fund/northzone) From a historical funding record - **May 2011** Series A **$1.4M** *4 new* *2 returning* [Conor Venture Partners](https://millionrounds.com/fund/conor-venture-partners) [Innovationsbron Väst Startup AB](https://millionrounds.com/fund/innovationsbron-va-st-startup-ab) [Norrlandsfonden](https://millionrounds.com/fund/norrlandsfonden) [Partnerinvest Norr](https://millionrounds.com/fund/partnerinvest-norr) [Lunova](https://millionrounds.com/fund/lunova-venture-capital-in-upper-norrland) [PNF venture capital](https://millionrounds.com/fund/pnf-venture-capital) Reported by finsmes.com - **Jan 2008** Seed **$589K** *2 new* [Lunova](https://millionrounds.com/fund/lunova-venture-capital-in-upper-norrland) [PNF venture capital](https://millionrounds.com/fund/pnf-venture-capital) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2008 **Series A** 2011 **Series B** 2014 **Series B** 2018 [Lunova](https://millionrounds.com/fund/lunova-venture-capital-in-upper-norrland) [PNF venture capital](https://millionrounds.com/fund/pnf-venture-capital) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Northzone](https://millionrounds.com/fund/northzone) [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) [Conor Venture Partners](https://millionrounds.com/fund/conor-venture-partners) [Octopus](https://millionrounds.com/fund/octopus) [Innovationsbron Väst Startup AB](https://millionrounds.com/fund/innovationsbron-va-st-startup-ab) [Norrlandsfonden](https://millionrounds.com/fund/norrlandsfonden) [Partnerinvest Norr](https://millionrounds.com/fund/partnerinvest-norr) ## Everyone who backed them [Lunova](https://millionrounds.com/fund/lunova-venture-capital-in-upper-norrland) VC firm **2** rounds [PNF venture capital](https://millionrounds.com/fund/pnf-venture-capital) VC firm **2** rounds [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round [Northzone](https://millionrounds.com/fund/northzone) VC firm **1** round [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) Corporate VC **1** round [Conor Venture Partners](https://millionrounds.com/fund/conor-venture-partners) VC firm **1** round [Octopus](https://millionrounds.com/fund/octopus) Hedge fund **1** round [Innovationsbron Väst Startup AB](https://millionrounds.com/fund/innovationsbron-va-st-startup-ab) VC firm **1** round [Norrlandsfonden](https://millionrounds.com/fund/norrlandsfonden) VC firm **1** round [Partnerinvest Norr](https://millionrounds.com/fund/partnerinvest-norr) Private equity **1** round Conor no record of our own yet **1** round Trident Capital Cybersecurity/ Cisco no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=behaviosec). ## Also claim to have backed them This firm lists BehavioSec as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Modo Capital](https://millionrounds.com/fund/modo-capital) Private equity Per its own site ## Quick answers about BehavioSec ### Who invested in BehavioSec? BehavioSec's investors include Lunova, PNF venture capital, Octopus Ventures, Northzone and ABN AMRO Fund, and 7 more on record. ### How much has BehavioSec raised? BehavioSec has raised $26M across 4 rounds since 2008. ### When did BehavioSec last raise? BehavioSec's most recent round was a Series B of $18M in Jan 2018. ### What was BehavioSec's biggest round? Its most recent round, $18M in Jan 2018, is also its largest on record. ### Who backed BehavioSec first? BehavioSec's first round on record, in Jan 2008, was backed by Lunova and PNF venture capital. ### What stage is BehavioSec at? BehavioSec's latest named round is a Series B, in Jan 2018. ### Where is BehavioSec based? BehavioSec is based in Sweden. ## Companies like BehavioSec In the same sector, and raised in the last eighteen months. [**Freya Industries** $615K · Sept 2026](https://millionrounds.com/company/freya-industries)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app