# HYAS funding: rounds and investors

> HYAS has raised $22M across 2 rounds since 2018. Investors include SVB Capital, Susa Ventures and S3 Ventures. Every round with its source.

Source: https://millionrounds.com/company/hyas (Millionrounds; every figure on the page links to its filing or article)

Canada · [Series B startup](https://millionrounds.com/companies)

# Who invested in *HYAS*

2 rounds we have observed, with the 7 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

**$22M** raised across 2 rounds since 2018, from 2 sources

**$6.2M** Series A **$16M** Series B

- **Latest round:** Series B, $16M Feb 2021
- **Step-up i:** 2.6×
- **Investors:** 7

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.

2019 2020 2021

**$6.2M** Series A

**$16M** Series B

- **First round:** Series A, $6.2M
- **Biggest round:** $16M
- **Between rounds:** 2.5 years

## The rounds

- **Feb 2021** Series B **$16M** *3 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [S3 Ventures](https://millionrounds.com/fund/s3-ventures) Source recorded
- **Aug 2018** Series A **$6.2M** *4 new* [Tom Noonan](https://millionrounds.com/fund/tom-noonan) [Wesley Clover](https://millionrounds.com/fund/wesley-clover-international) M12/ Startup Capital Tim Eades Reported by FinSMEs

## Founders and team

From HYAS's own website: 2 founders, 5 on the team.

**Ken Bagnall** Founder & CEO

**John Jensen** Founder & CTO

- **Brad Arnold** Chief Operating Officer
- **Nicola Walsh** Chief Financial Officer
- **Thomas Bain** Chief Marketing Officer
- **Kirk Appelman** VP of Sales
- **Michael Sweeney** Director of Preemptive Cyber Defense Team

## 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.

**Series A** 2018 **Series B** 2021 [SVB Capital](https://millionrounds.com/fund/svb-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [S3 Ventures](https://millionrounds.com/fund/s3-ventures) [Tom Noonan](https://millionrounds.com/fund/tom-noonan) [Wesley Clover](https://millionrounds.com/fund/wesley-clover-international) M12/ Startup Capital Tim Eades

## Everyone who backed them

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **1** round

[S3 Ventures](https://millionrounds.com/fund/s3-ventures) VC firm **1** round

[Tom Noonan](https://millionrounds.com/fund/tom-noonan) Angel **1** round

[Wesley Clover](https://millionrounds.com/fund/wesley-clover-international) Private equity **1** round

M12/ Startup Capital no record of our own yet **1** round

Tim Eades 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=hyas).

## Also claim to have backed them

These 2 firms list HYAS as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Cyber Mentor Fund](https://millionrounds.com/fund/cyber-mentor-fund) VC firm Per its own site

[Dcode Capital](https://millionrounds.com/fund/dcode-capital) VC firm Per its own site

## Quick answers about HYAS

### Who invested in HYAS?

HYAS's investors include SVB Capital, Susa Ventures, S3 Ventures, Tom Noonan and Wesley Clover, and 2 more on record.

### How much has HYAS raised?

HYAS has raised $22M across 2 rounds since 2018.

### When did HYAS last raise?

HYAS's most recent round was a Series B of $16M in Feb 2021.

### What was HYAS's biggest round?

Its most recent round, $16M in Feb 2021, is also its largest on record.

### Who backed HYAS first?

HYAS's first round on record, in Aug 2018, was backed by Tom Noonan, Wesley Clover and M12/ Startup Capital and 1 others.

### What stage is HYAS at?

HYAS's latest named round is a Series B, in Feb 2021.

### Where is HYAS based?

HYAS is based in Canada.

## Companies like HYAS

In the same sector, and raised in the last eighteen months.

[**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Palitronica Inc.** Sept 2026](https://millionrounds.com/company/palitronica-inc)[**Cybeats Technologies** $2.3M · Jul 2026](https://millionrounds.com/company/cybeats-technologies)[**Boostsecurity.io** $4.0M · May 2026](https://millionrounds.com/company/boostsecurity-io)[**Plurilock** $2.1M · Apr 2026](https://millionrounds.com/company/plurilock)[**Feroot Security** $14M · Nov 2025](https://millionrounds.com/company/feroot-security)

## Find investors like these

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