CyberSaint Raises $21M in Series A Funding

CyberSaint, a Boston, MA-based cyber risk management company, raised $21M in Series A funding.

The round was led by Riverside Acceleration Capital (RAC) with participation from Sage Hill Investors, Audeo Capital, and BlueIO.

The company intends to use the funds to accelerate market expansion, and continue the innovation of its CyberStrong platform.

Led by CEO Jerry Layden, CyberSaint works to empower organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. Its CyberStrong platform empowers cybersecurity teams, CISOs, and Boards to assess, measure, remediate, and communicate cyber risk with agility and alignment.

Commenting on the news, Jerry Layden said: “Thanks to this latest funding, we’re positioned to expand swiftly and elevate cyber risk management to a pivotal role in enhancing organizational performance. This milestone wouldn’t be possible without the unwavering support from our customers, partners, and investors. My team and I are profoundly appreciative of the partnership we share, as it serves as our daily inspiration as we pioneer solutions in cyber risk management for enterprises worldwide.”

FinSMEs

20/03/2024