RiskLens (formerly Cxoware), a cyber risk qualification and management software provider, today revealed that it’s raised $20.55 million in series B funding led by Paladin Capital, with participation from Dell Technologies Capital, Osage Venture Partners, F-Prime Capital, and MassMutual Ventures. The fresh capital, which follows on the heels of a $5 million series A raise in July, will be used to expand the company’s sales, marketing, engineering, and professional services departments, according to CEO Nick Sanna.
“RiskLens has forever changed the way large organizations assess, manage and report on cyber risk, by translating the impact of threats and vulnerabilities into the financial language of the business that everyone understands: dollars and cents,” Sanna said. “We are proud to have our existing investors expand their commitment to our success and are thrilled to be joined by F-Prime Capital and MassMutual Investors given their prowess in the financial services and insurance sectors.”
RiskLens — which was founded in 2011 by former Huntington Bank senior vice president and CISO Jack Jones and IT-Lifeline founding CEO Steve Tabacek — offers a suite of…
