SecurityScorecard, a NYC-based security ratings company, completed a $180m Series E financing.
The round, which brought total funding to more than $290m, with participation from Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Inc., Kayne Anderson Rudnick, and Fitch Ventures, as well as existing investors Evolution Equity Partners, Accomplice, Riverwood Capital, Intel Capital, NGP Capital, AXA Venture Partners, GV (Google Ventures), and Boldstart Ventures.
The company intends to use the funds to accelerate global expansion and corporate growth with planned investments across new product lines, global expansion, a broadening partner ecosystem and additional functionality to assess and mitigate cybersecurity risk in novel ways.
Led by Dr. Aleksandr Yampolskiy, CEO and co-founder, SecurityScorecard offers a security ratings platform utilized by over 16,000 organizations world-wide for enterprise cyber risk management, third-party risk management, board reporting, and cyber insurance underwriting.
