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Conceal

Augusta, US · Founded 2012 · Delaware corporation · 42 employees on LinkedIn · 5 known investors

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Conceal builds browser-based security that moves enforcement into the browser runtime and application layer, binding application access to identity rather than network location. It targets security teams by replacing VPNs, traffic backhauling, and VDI-based containment for web-based workflows.

CybersecurityEnterprise SoftwareSaaS

Founders & leadership

CWCraig Whetstone
Craig WhetstoneChief Operating OfficerHe brings IT leadership experience across sales, partnerships, product, operations, and legal matters, with a track record of international customer and partner relationships.
ECEric Cornelius
Eric CorneliusChief Executive Officer
GL
Gordon LawsonChief Executive Officer2021–2024
RK
Ronald KolsonExecutive

Board

STSpencer Tall
Spencer TallBoard MemberManaging Director at AllegisCyber Capital
RGRon Gula
Ron GulaBoard Member and InvestorPresident at Gula Tech Adventures
DD
David De WaltBoard director
BN
Brian NeSmithBoard director
BH
Barbara HuntBoard director
DH
Diane HondaBoard director
LB
Louis BrownBoard director

Investors · 5

Gula Tech Adventureslisted by Gula Tech AdventuresFulton · $100K – $5Mvia Cyndi Gula · inferred

How we know: prnewswire.com · the VCSheet dataset · Not right? Tell us

RRE Ventureslisted by RRE VenturesNew York · $5M – $15M

How we know: RRE Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Two Bear Capitallisted by Two Bear CapitalWhitefish · $3M – $10M

How we know: Two Bear Capital's portfolio page · funding news · prnewswire.com · the VCSheet dataset · Not right? Tell us

Also in the syndicate · 1

Allegis Cyber

Reported raises · per SEC filings

Form D private placements

$36M disclosed across 2 rounds · 2021–2025

▶$26.7MraisedNov 2025 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian NeSmithDirector
  • Spencer TallDirector
  • Craig WhetstoneExecutive Officer
  • Ron GulaDirector
  • Barbara HuntDirector
  • Eric CorneliusDirector, Executive Officer
  • Diane HondaDirector
Offering amount
$26.7M
Amount sold
$26.7M
First sale
May 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.3MraisedMay 2021 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Spencer TallDirector
  • David De WaltDirector
  • Louis BrownDirector
  • Gordon LawsonExecutive Officer, Director
  • Ronald KolsonExecutive Officer
  • Barbara HuntExecutive Officer, Director
Offering amount
$9.3M
Amount sold
$9.3M
First sale
May 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Related companies · 2

CrowdStrikeCrowdStrike provides an AI-native cybersecurity platform that unifies endpoint, identity, cloud, SaaS, and AI protection to detect and stop breaches for enterprise organizations. It combines automated response with human-led security operations including managed detection and response, threat hunting, and security services.
Arms CyberArms Cyber develops ransomware detection and prevention technology to protect organizations from ransomware attacks. The company targets enterprises and organizations globally that face critical ransomware threats.

Companies working in the same space as Conceal.

In the news

Conceal secures $26m Series B to advance browser securityfintech.global · Oct 2025Conceal Closes $26M Series B Fundingfinsmes.com · Oct 2025Conceal Closes $26 Million Series B Funding Round Led by Two Bear Capitalprnewswire.com · Oct 2025

Frequently asked questions

What does Conceal do?
Conceal builds browser-based security that moves enforcement into the browser runtime and application layer, binding application access to identity rather than network location. It targets security teams by replacing VPNs, traffic backhauling, and VDI-based containment for web-based workflows.
Who are Conceal's investors?
Conceal's investors include AllegisCyber Capital, Gula Tech Adventures, RRE Ventures, Two Bear Capital.
How much funding has Conceal raised?
Conceal has disclosed $36M raised across 2 rounds.
Where is Conceal headquartered?
Conceal is headquartered in Augusta, US.