RiskRecon, a Salt Lake City, CA-based SaaS provider of objective, vendor security assessments and insights, completed a $12m Series A financing.
The round was led by Dell Technologies Capital with additional participation from F-Prime Capital Partners and existing investors General Catalyst, and Paul Sagan, former CEO of Akamai.
The company intends to use the funds to accelerate product development and global sales growth.
Led by Kelly White, CEO, RiskRecon provides a SaaS solution that delivers security measurements, analytics, and analyst-level insight to improve third-party risk management programs. The platform discovers a vendor’s entire public IT footprint and produces actionable security assessments. It provides not just summary information but also all supporting evidence, remediation priorities and vendor collaboration so that users can scale their third-party risk program.