SecurityScorecard Closes $50M Series D Financing

SecurityScorecard, a New York City-based cybersecurity ratings company, completed a $50m Series D financing.

The round, which brought the company’s total funding to $110m, was led by Riverwood Capital, with participation from existing investors such as Evolution Equity, Intel Capital, Two Sigma, AXA Ventures, Accomplice, among others.

The company intends to use the funds to expand its product suite and platform, further advance corporate growth, and accelerate global expansion.

Founded in late 2013 by Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard provides a platform for security ratings used across 175 countries for cybersecurity insurance underwriting, M&A due diligence, reputation management and vendor risk management. 

The platform offers critical data points including a broad range of risk categories such as Web, Application Security, Patching Cadence, Network Security, Hacker Chatter, Social Engineering, and Leaked Credentials, DNS Health, Endpoint Security, IP Reputation and Cubit Score.

Source. FinSMEs, Staff, June 13, 2019

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