Rising startup Sequr, a cloud-based access control platform, announced a newly closed $1.75 million round today. The Techstars Atlanta graduates closed their second seed round last week led by Knoll Ventures, Tech Square Ventures, and Ellis Capital. Their first seed round came from David Cummings earlier last year.
“We are incredibly excited with the way the round came together,” says CEO Andrew Eddy. “From day one, we wanted to bring in investors that were not only going to write a check but who could also provide strategic value.”
Sequr will leverage the new funds to expand the team, from sales and operations to marketing and engineering, and accelerate their growth. They will be hiring at least six employees over the next three months to expand to more market segments and increase customer acquisition.