RiskSense, Inc., an Albuquerque, NM-based developer of pro-active cyber risk management solutions, raised an additional Series A funding.
As part of this extension, which brought total funding in the round to $14M, Jump Capital joined existing investors Paladin Capital Group, Sun Mountain Capital, EPIC Ventures, and CenturyLink. In addition, Silicon Valley Bank provided a debt facility.
The company intends to use the funds to expand sales and marketing, enter new markets such as cybersecurity insurance, 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 pro-active cyber risk management solution that enables enterprises and governments to reveal cyber risk, orchestrate remediation, and monitor the results by unifying and contextualizing internal security intelligence, external threat data, and business criticality across a growing attack surface.