CyberGRX, a Denver, CO-based provider of a third-party cyber risk management platform, closed $9M in Series A funding.
The round was led by Allegis Capital, with participation from Blackstone, TenEleven Ventures, Rally Ventures, GV (formerly Google Ventures), MassMutual Ventures and several other strategic investors.
The company will use the funding to deliver the CyberGRX platform to market.
Led by Fred Kneip, CEO, CyberGRX provides a third-party cyber risk management platform to identify, assess, mitigate and monitor an enterprise’s risk exposure across its entire partner ecosystem. Through its automation and analytics tools, the platform – commercially available in early 2017 – enables enterprises to identify, assess, mitigate and monitor an enterprise’s cyber risk exposure across its entire vendor, partner and customer ecosystem.
The company also also offices in McLean, VA.