DeNexus expands cyber risk management platform with $17.5M investment

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Cyber risk management startup DeNexus Inc. announced today that it has raised $17.5 million in new funding to expand its product offerings.

Founded in 2019, DeNexus specializes in industrial cyber risk management with a platform that provides security services to operation technology environments. The company’s platform leverages artificial intelligence and machine learning to assess vulnerabilities, forecast incident probabilities and quantify financial risks, allowing organizations to make evidence-based decisions on risk mitigation.

DeNexus clients include those in industries such as energy, manufacturing and data centers who seek to secure their critical infrastructures. Through the integration of internet of things network data, DeNexus provides real-time insights that allow its customers to optimize cybersecurity investments.

The company’s flagship platform, DeRISK, offers simulation-driven risk assessments that help organizations predict potential cyber incidents. The insights from the platform help shape cybersecurity programs that align with regulatory standards and operational needs while also ensuring that cyber risks are not only identified but…

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