Some companies raise capital. Others raise eyebrows. RADICL just raised the bar, then checked the perimeter to make sure nobody slipped in while everyone was watching the headline.
A $31M Series A, announced February 3, 2026, led by Paladin Capital Group, with Access Venture Partners, Denver Ventures, and Cervin Ventures back in the room. Total capital now sits at $43M, but the number that matters more is 7. That is the year over year revenue multiple. Quiet. Unflashy. Relentless. The kind of growth you only get when the problem is real and the solution shows up early, sober, and ready to work.
RADICL was founded in November 2021, when cybersecurity for small and mid-sized businesses in the Defense Industrial Base was still treated like a hand me down from enterprise, oversized, overpriced, and allergic to reality. Chris Petersen, CEO and Co-Founder, had already seen this movie before at LogRhythm. He knew how it ended when the defenders showed up late. So RADICL showed up early, building an AI-augmented virtual SOC that actually fits the operators who keep critical infrastructure moving while nation states poke, prod, and phish without blinking.
Dave Graff, Co-Founder and COO and CRO, brings the discipline of someone who has flown fast, broken things on purpose, and learned the difference between noise and signal under pressure. Matt Petersen, Co-Founder and Chief Engineer, brings the muscle memory of building security platforms that scale without lying about what they can do. Together, they built RADICL XTP to protect the long tail of the defense supply chain that everyone depends on and too many ignore.
The data tells the rest of the story. Only 11% of SMBs are CMMC Level 2 ready. 38% would need a week or more to detect an active threat. 60% struggle with detection and response altogether. RADICL does not shame that reality. It designs for it. Compliance, monitoring, response, and automation delivered as a service that understands budgets, timelines, and the fact that attackers do not wait for perfect process.
Paladin Capital Group’s Mourad Yesayan joining the board is not ceremonial. It is alignment. The same goes for General Herbert Hawk Carlisle advising a company that treats cybersecurity as national infrastructure, not a checkbox. This round fuels research and development, sales, and autonomy, but more than that, it reinforces a simple truth. Security that works is security that gets used. RADICL is building for the companies that cannot afford to be breached and cannot afford theater either.
