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DefenseStorm

Cybersecurity and cybercompliance for community banks

Overview

DefenseStorm delivers cloud-based cybersecurity and cybercompliance solutions tailored for community banks and credit unions. Its co-managed platform automates tracking, controls, and reporting to maintain real-time safety and regulatory alignment, while augmenting internal security teams with scalable knowledge growth. The company differentiates itself by targeting community financial institutions, offering a co-managed approach, and earning recognition from NAFCU and ICBA, designed to handle high volumes of cyber events. Its goal is to help these institutions meet regulatory requirements and protect assets through practical, scalable cybersecurity and compliance.

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About DefenseStorm

Simplify's Rating
Why DefenseStorm is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

CybersecurityFinancial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$68.9M

Headquarters

Alpharetta, GA

Founded

2014

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Simplify's take

What believers are saying

  • The Cyber Threat Alliance membership on September 3, 2026 expands actionable threat sharing.
  • DefenseStorm's 2026 content highlights 24/7 monitoring demand as AI accelerates exploitation timelines.
  • Tenable integration and Oconee Federal case studies show demand for vendor consolidation and lean teams.

What critics are saying

  • Banks can replace DefenseStorm with Splunk, CrowdStrike, or managed MSSPs during 2027 renewals.
  • DefenseStorm's banking-only niche caps expansion and leaves revenue exposed to credit-union spending cuts.
  • A major bank breach handled poorly would destroy trust in its examiner-focused value proposition.

What makes DefenseStorm unique

  • DefenseStorm bundles MDR, risk, and governance for banks with a 24x7 Collaborative SOC.
  • Its 2026 Tenable partnership adds banking-aware vulnerability management through one procurement relationship.
  • CTA membership on September 3, 2026 strengthens its financial-services threat-intelligence network.

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Funding

Total Funding

$68.9M

Below

Industry Average

Funded Over

9 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$15M
$40M
$50M
$62M
$100M

Benefits

  • Remote Work Options

Growth & Insights and Company News

6 month growth

-1%

1 year growth

1%

2 year growth

-1%
CUInsight
Mar 11th, 2025
LEVERAGE partners with DefenseStorm to strengthen cybersecurity for credit unions

LEVERAGE partners with DefenseStorm to strengthen cybersecurity for credit unions.

PR Newswire
May 23rd, 2024
Former Ncua Chairman Rodney Hood Joins Defensestorm Board Of Directors

Credit unions must become proficient at cyber risk management, and I'm convinced DefenseStorm has the right technologies, processes and people to make that happen. It's why I joined the Board at DefenseStorm

Intelligence360 News
May 2nd, 2024
DefenseStorm Raises $12M in Equity

DefenseStorm has filed with the U.S. Securities and Exchange Commission to raise $12 million in new equity investment. CEO Steve Soukup played a crucial role in securing this funding, which will be used to expand the company and accelerate product development. For more information, visit DefenseStorm's website or contact CEO Steve Soukup directly.

Business Wire
May 1st, 2024
DefenseStorm, Btech Fund Boost Community Banks

DefenseStorm, specializing in cyber risk management for financial institutions, has completed a Series C-1 funding round with contributions from existing investors Georgian, Curql, and Live Oak Ventures, and new investor Btech Consortium Fund. This investment will enhance cyber protection for community banks, enabling them to manage risks associated with technological innovations and compete with larger banks. The partnership aims to build a community of trust among banks to share and act on cyber incidents.

DefenseStorm
Nov 29th, 2023
DefenseStorm appoints Keith Joseph as Senior Vice President of Sales

ALPHARETTA, Ga. (May 1, 2023) - DefenseStorm, a leading provider of the only built for banking integrated platform of cyber risk assessment, governance, security, and fraud solutions for community and regional banks and credit unions, welcomes Keith Joseph as Senior Vice President of Sales.

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