SecurityScorecard Raises $20M


What does SecurityScorecard do?
SecurityScorecard, is the most accurate cyber security rating and constant risk monitoring platform. It is the leading security company which predicts and re mediates potential security risks across organizations and their partners. The company helps organizations in an hyper connected world better identifications, understanding and managing all key risks their cloud based info systems and those of their partners face every second of each day. Their patented solution is the only automated method of monitoring all the main risk factors on a constant real time basis. This means users shall always know the security levels of every organization they work with or data sharing with them and be able to take action easily and quickly. It is privately held company whose investors include Atlas Ventures, Evolution Equity.

How much SecurityScorecard was funded?

The company raised $20M in Series B on June 23, 2016 from Two Sigma Ventures, Evolution Equity Partners, Boldstart Ventures, GV and Sequoia Capital.

Previous funding

$2.2M on January 1, 2014 from Evolution Equity Partners, Atlas Venture and Boldstart Ventures
$12.5M in Series A on April 10, 2015 from Boldstar Ventures, Portage Advisors, Evolution Equity Partners and Sequoia Capital

What is next for SecurityScorecard?

The company plans to use the latest funding raised for continuing scaling its company and innovation delivering its cyber security ratings. The company has established itself as the lead cloud cybersecurity provider since it was launched in 2013 for addressing the increasing risk of data breaches, which exponentially by the year.

More about SecurityScorecard
SecurityScorecard was founded in 2013 by Sam Kassoumeh and Aleksandr Yampolskiy. It has its headquarters in New York, NY. The company provides the most accurate rating of security risk for any company globally. The company helps enterprises in gaining operational command of the security posture for themselves and across all the vendors and partners.