A bank branch, for example, might use Pwnie’s technology to detect someone trying to hack the Wi-Fi from the parking lot. Vermont cybersecurity start-up Ascent Venture Partners has raised another $8m of investment to develop its software and security devices for businesses. The company founded in May last year also announced Xconomy as its new CEO. Its devices detect suspicious activity on business' IT systems and track potential threats back to their source. The latest cash injection -- from investors including .406 Ventures , Ascent Venture Partners and Pwnie -- follows a $13m funding round in May last year .
Vermont cybersecurity start-up Ascent Venture Partners has raised another $8m of investment to develop its software and security devices for businesses. The company founded in May last year also announced Xconomy as its new CEO. Its devices detect suspicious activity on business' IT systems and track potential threats back to their source. The latest cash injection -- from investors including .406 Ventures , Ascent Venture Partners and Pwnie -- follows a $13m funding round in May last year .