CAMBRIDGE, MASS. — June 28, 2018 — BitSight, the Global Standard in Security Ratings, today announced that it has closed $60 million in Series D funding, bringing the company’s total funding to $155 million. BitSight’s Series D financing was led by Warburg Pincus, with participation from existing investors Menlo Ventures, GGV Capital and Singtel Innov8. The financing enables BitSight to continue its rapid global expansion and extend its portfolio of market-leading security risk management solutions, while further validating BitSight’s leadership position as the global standard for security ratings.
BitSight pioneered the security ratings market in 2011, as the first company to develop a security ratings product. Today, organizations and nations worldwide use the BitSight Security Ratings SaaS platform to help manage third party risk, benchmark performance, underwrite cyber insurance policies and conduct M&A due diligence. With over 1,200 customers collaborating and verifying BitSight Security Ratings on a daily basis, BitSight provides the largest and most engaged ecosystem, enabling organizations to make strategic security risk and business decisions.
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