CyberSaint Raises $21M in Series A Funding to Continue Securing its CyberStrong Customers

CyberSaint Raises $21M in Series A Funding to Continue Securing its CyberStrong Customers

By Alex Passett

Let’s talk about CyberSaint.

CyberSaint’s team is stacked with solutions builders; their security leaders, technologists and academics (plus other industry-disrupting vets) aim to keep cyber risk management as intuitive and flexible as possible. A bona fide resilient cyber posture should be considered a super-critical must for every organization’s performance, and CyberSaint’s M.O. is to make this a reality. (Particularly in an age when cyber attack sophistication is going through the roof, and organizations ought to keep as up-to-date as they can when it comes to operational security.)

To further build on its security-centric momentum (in addition to an accelerated plan for market expansion and the strengthening of its CyberStrong platform), just last week CyberSaint announced that it succeeded in a huge $21 million Series A funding round. This was led by Riverside Acceleration Capital (RAC) with other investor contributions from Sage Hill Investors, Audeo Capital, and BlueIO.

Also with these funds, CyberSaint will reportedly tighten the bolts, so to speak, of its innovative approach to automating (and just full-on simplifying) today’s complex cyber risk management processes and all the hurdles therein. In this vein, CyberSaint already recently released its Free Cyber Risk Analysis, enabling users to input their company’s industry, size and revenue to uncover relevant and key-to-address risks and related controls in just seconds, opening up “unfettered public access to tailored insights based on the largest cyber loss dataset in the world,” the official announcement stated.

“In an era where cyber attacks are becoming more frequent and sophisticated,” explained Jerry Layden, CEO of CyberSaint, “the likelihood of breaches has escalated, leaving many organizations unsure of how to effectively reduce their risk. It is imperative that optimizing cyber risk posture is elevated to a business-critical level. Thanks to this latest funding, we're positioned to expand swiftly and elevate cyber risk management to a pivotal role in enhancing organizational performance. This milestone wouldn't be possible without the unwavering support from our customers, partners, and investors. My team and I are profoundly appreciative of the partnership we share, as it serves as our daily inspiration as we pioneer solutions in cyber risk management for enterprises worldwide.”

Learn more about CyberSaint and its CyberStrong managed solutions here.




Edited by Greg Tavarez
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