Riscosity, a Austin, TX-based provider of a software platform for risk management and mitigation across enterprise data supply chains, raised $7M in funding.
The round was led by S3 Ventures with participation from Secure Octane Investments, and Firebolt Ventures.
The company intends to use the funds to accelerate its ability to accelerate its product roadmap and expand its team.
Led by CEO Anirban Banerjee, and CTO James Greene, Riscosity provides a software platform to manage and mitigate data supply chain risk for security, compliance, and engineering teams. The solution automatically identifies every line of source code that could transfer data to a third party—overlaying key risk factors, such as the type of data being transferred, the recipient party, and its locality. With third-party data observability, enterprises gain the security, visibility, and governance required to quickly develop, confidently deploy, and securely manage software that leverages third-party components.
FinSMEs
25/04/2023