RiskRecon, Third-Party Cyber Risk Management Provider, Secures $25 Million in Series B Funding, Led by Accel

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SALT LAKE CITY–(BUSINESS WIRE)–RiskRecon,
the fastest-growing company transforming management of third-party cyber
risk, today announced it has raised $25 million in Series B financing.
Led by Accel
and joined by existing investors Dell Technologies Capital, General
Catalyst, and F-Prime Capital, the global venture capital firm
affiliated with Fidelity Investments, the round brings RiskRecon’s total
funding to more than $40 million. Existing individual investors Mickey
Boodaei, Rakesh Loonkar, and Paul Sagan also participated in the round.
In conjunction with the investment, Accel partner Nate Niparko will join
the company’s Board of Directors. RiskRecon will use the capital to meet
increasing…

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