Fundraising Fox

Bandurasystems

Lake Saint Louis, US · Founded 2012 · Delaware corporation · 2 known investors

Banadura Systems provides a network security platform that blocks malicious traffic and DNS threats across devices and networks. The solution serves small businesses, enterprises, managed service providers, and remote workforces.

Founders & leadership

Bandurasystems was founded in 2012 by Suzanne Magee.

SMSuzanne Magee
Suzanne MageeinCo-Founder
AS
Andrea S. JohnsonManager

Investors · 2

Reported raises · per SEC filings

Form D private placements

$6M disclosed across 5 rounds · 2014–2018

$4MraisedJul 2018 · 7 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen FredrickDirector
  • Chris FeddeExecutive Officer, Director
  • Carla StoneDirector
  • Ron GulaDirector
Offering amount
$5M
Amount sold
$4M
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedFeb 2018 · 11 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Dave MaestasExecutive Officer
  • Chris FeddeExecutive Officer
  • Andrea S. JohnsonExecutive Officer, Director
  • Suzanne MageeExecutive Officer, Director
Offering amount
$1M
Amount sold
$1M
First sale
Aug 2017
Incorporated
Limited Liability Company, Maryland
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$825KraisedMar 2017 · 6 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrea S. JohnsonExecutive Officer
  • Suzanne MageeExecutive Officer
Offering amount
$1.8M
Amount sold
$825K
First sale
May 2016
Incorporated
Limited Liability Company, Maryland, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$50KraisedMay 2015 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrea S. JohnsonExecutive Officer
  • Suzanne MageeExecutive Officer
Offering amount
$551.5K
Amount sold
$50K
First sale
Apr 2015
Incorporated
Limited Liability Company, Maryland, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedMay 2014 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Suzanne MageeExecutive Officer
  • Andrea JohnsonExecutive Officer
Offering amount
$500K
Amount sold
$100K
Minimum investment
$25K
First sale
May 2014
Incorporated
Limited Liability Company, Maryland, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Bandurasystems do?
Banadura Systems provides a network security platform that blocks malicious traffic and DNS threats across devices and networks. The solution serves small businesses, enterprises, managed service providers, and remote workforces.
Who founded Bandurasystems?
Bandurasystems was founded by Suzanne Magee in 2012.
Who are Bandurasystems's investors?
Bandurasystems's investors include Maryland TEDCO, TEDCO.
How much funding has Bandurasystems raised?
Bandurasystems has disclosed $6M raised across 5 rounds.
Where is Bandurasystems headquartered?
Bandurasystems is headquartered in Lake Saint Louis, US.