Cyber Risk Management Platform RiskSense Closes $7M Funding

RiskSense_LogoRiskSense, Inc., an Albuquerque, NM-based pro-active cyber risk management platform, is closing a $7M funding.

The round was led by Paladin Capital Group, with participation from Sun Mountain Capital, Epic Ventures, as well as other strategic and private investors. In conjunction with the funding, Paladin Capital Group principal Mourad Yesayan will join RiskSense’s board of directors.

The company intends to use the funds to expand its sales and marketing efforts, as well as broaden and accelerate product development.

Led by co-founder and chief executive officer Dr. Srinivas Mukkamala, RiskSense provides a Software-as-a-Service (SaaS)-based management platform which enables enterprises and governments to reveal cyber risk, orchestrate remediation, and monitor the results.

FinSMEs

03/08/2016

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