Flashpoint, a New York, NY-based provider of a Business Risk Intelligence (BRI) platform, closed a $28m Series C funding.
The round was led by new investor Georgian Partners with participation from existing investors Greycroft Partners, TechOperators, Leaders Fund, Jump Capital, Bloomberg Beta, and Cisco Investments. In conjunction with the funding, Steve Leightell, principal at Georgian, will join the Flashpoint Board of Directors, which includes Ellie Wheeler, Glenn McGonnigle, and Brendan Hannigan.
The company intends to use the funds to accelerate worldwide adoption of BRI, support recruitment of talent to support its technology roadmap, and add more specialized talent to its team of intelligence analysts.
Led by Josh Lefkowitz, CEO and co-founder, Flashpoint provides enterprises with a BRI platform which leverages Deep & Dark Web data, expertise and technology to get immediate visibility into real threats with the potential to harm them and their context to understand how these threats could impact their business.
Fortune 500 and government customers utilize Flashpoint’s intelligence across the enterprise, including bolstering cybersecurity, confronting fraud, detecting insider threats, enhancing physical security, assessing M&A opportunities, and addressing vendor risk and supply chain integrity.
The company’s customer base spans industries such as finance, retail, insurance, healthcare, law, media, energy, technology, telecommunications, defense, government, aviation, entertainment, hospitality, consumer goods, and manufacturing.