Fundraising FoxMadeira Security
New York, US · Founded 2023 · Delaware corporation
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Founders & leadership
Madeira Security was founded in 2023 by Michael Waite and David DellaPelle.
MW
Michael WaiteCo-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.
DD
David DellaPelleCo-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
RA
Rajan AggarwalBoard director
Reported raises · per SEC filings
Form D private placements$7M disclosed across 1 round · 2025
▶$7MraisedJan 2025 · 31 investors · OtherRule 506(b)
▶$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
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.
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.