SecurityScorecard, a global leader in cybersecurity ratings, response, and resilience, has raised $290,000,000 from investors. The company provides patented rating technology used by over 25,000 organizations, continuously rating more than 12 million companies to help them understand, improve, and communicate cybersecurity risk.
This significant capital infusion underscores the company's position in the cybersecurity sector and its mission to transform how organizations manage digital risk. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard鈥檚 platform is utilized for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.
SecurityScorecard plans to deploy the newly secured funds to accelerate its growth initiatives and further enhance its cybersecurity ratings, response, and resilience platform. The investment will support continued innovation in its patented technology, which allows organizations to easily find and fix security risks across their externally facing digital footprint and maps automatically to vendor cybersecurity questionnaire responses.
The company, recognized by the U.S. Cybersecurity & Infrastructure Security Agency (CISA) for its free cyber tools, aims to expand its global reach and capabilities. SecurityScorecard remains committed to its objective of making the world a safer place by empowering organizations with trusted and transparent insights into their security posture.
