Who founded Madeira Security?

Madeira Security was founded by Michael Waite, David DellaPelle in 2023.

How much funding has Madeira Security raised?

Madeira Security has disclosed $7M raised across 1 round.

Where is Madeira Security headquartered?

Madeira Security is headquartered in New York, US.

Madeira Security

New York, US · Founded 2023 · Delaware corporation

Find your way into Madeira Security

942 people in our graph share verified history with the Madeira Security team — schools, employers, funds. One of them is your warm intro.

Torjusunlockedknows David DellaPelle · together at Ey (overlapped)

×8knows the team · via Ey

×2knows the team · via BYU Management Society

knows the team · via Perimeter 81

Founders & leadership

Madeira Security was founded in 2023 by Michael Waite and David DellaPelle.

Michael Waite inCo-founderMichael Waite is Co-founder and CTO of Dune Security, a company providing security solutions focused on enterprise protection against social engineering threats. He has experience designing secure platforms and infrastructure, managing cloud migrations, and leading cross-functional teams.

David DellaPelle inCo-founderDavid DellaPelle is an MBA graduate of NYU and Cornell undergraduate who previously co-founded and led Dune Security as CEO for over three years before joining Legora to lead internal AI development.

Board

Rajan AggarwalBoard director

Reported raises · per SEC filings

Form D private placements

$7M disclosed across 1 round · 2025

▶$7MraisedJan 2025 · 31 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Michael WaiteExecutive Officer, Director, Promoter
David DellaPelleExecutive Officer, Director, Promoter
Rajan AggarwalDirector

Offering amount: $7M
Amount sold: $7M
First sale: Jan 2025
Incorporated: Corporation, Delaware, 2023
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

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

Founder mafia

2 people who came through Madeira Security went on to found or lead other companies.

David DellaPelleExecutive Officer, Director, PromoterFounded Dune Security Michael WaiteExecutive Officer, Director, PromoterFounded Dune Security

Frequently asked questions

Who founded Madeira Security?: Madeira Security was founded by Michael Waite, David DellaPelle in 2023.
How much funding has Madeira Security raised?: Madeira Security has disclosed $7M raised across 1 round.
Where is Madeira Security headquartered?: Madeira Security is headquartered in New York, US.