Strategic Investment by Springcoast Partners Will Drive Product Innovation and Global Expansion
HOBART, Australia and MOUNTAIN VIEW, Calif., Feb. 26, 2026 /PRNewswire/ — UpGuard, a leader in cybersecurity and risk management, today announced it has raised a Series C funding round of $75M from Springcoast Partners. The minority funding round will accelerate UpGuard’s next growth phase, including the expansion of its AI-powered Cyber Risk Posture Management (CRPM) platform capabilities, scaling global go-to-market functions, and pursuing strategic M&A. Springcoast led the round and joins existing investors, August Capital, Square Peg Capital, and Pelion Venture Partners.
“UpGuard has an opportunity to bridge the gap between risk and security, and this Series C round adds even more fuel to accelerate the delivery of our enterprise-grade solutions for the mid-market. This ensures that CISOs and lean security teams can stay resilient with best-in-class tools to address today’s increasingly complex threat landscape,” said UpGuard’s co-founder and CEO Mike Baukes.
Today, UpGuard is trusted by 50k organizations in 90+…
