ZeroNorth (formerly known as CYBRIC), a Boston, MA-based provider of an orchestrated risk management platform, raised $10m in Series A funding.
The round, which brought total funding to $18.6m, was led by ClearSky Ventures with participation from Crosslink Capital, Rally Ventures and existing investor Petrillo Capital.
The company intends to use the funds to accelerate its focus on software and infrastructure risk management by:
– strengthening research and development, and
– investing in sales, marketing and services.
Led by Ernesto DiGiambattista, CEO and founder, ZeroNorth provides orchestrated risk management platform for organizations including Rodan & Fields, the University of Massachusetts and Zerto to proactively manage software and infrastructure risks.
The solution accelerates and scales proactive software and infrastructure risk management by continuously orchestrating the discovery and remediation of vulnerabilities. Its “mission-control” orchestration platform enables organizations to construct and manage an automated and consistent software security program. As a result, the platform directly provides board-level visibility into business risk, security, continuous proof of compliance and a cost-effective risk management program.
As a result of the round, Peter Kuper and Patrick Heim from ClearSky Ventures, and Art Coviello from Rally Ventures will join Enrico Petrillo and Ernesto DiGiambattista on ZeroNorth’s board of directors. In addition, John Steven joined as new chief technology officer (CTO) and Alan Deane as vice president of worldwide sales.