Louisville-based Swimlane raises $3M in equity offering

LOUISVILLE — Swimlane LLC, a Louisville-based  software company, has raised $3 million of a planned $3,175,000 private offering.

The funding was detailed in a Regulation D filing with the U.S. Securities and Exchange Commission, Dec. 28, which categorizes it as an equity offering.

Cody Cornell, Phoenix Data Security Inc., and Swimlane.com
Cody Cornell

Swimlane, based at 363 Centennial Parkway in Louisville, produces an automated security software platform that enables organizations to automatically respond to cyber attacks and automate specific tasks.

The “platform centralizes an organization’s security alerts, automates resolution and produces metrics-based dashboards and reports,” according to the company’s website.

Swimlane was founded in 2014 by Cody Cornell, its chief executive, and Brian Kafenbaum, who serves as adviser to the company. Cornell could not be reached for comment.

Swimlane previously raised $1 million in debt financing in July 2016.