San Francisco cybersecurity startup RiskIQ announced Thursday it raised $15 million in Series D funding from National Grid Partners, a multinational energy provider out of the United Kingdom.
RiskIQ was created to find the weak points of a company’s digital infrastructure that hackers are likely to exploit. It constantly scans for and maintains a database of threats that companies can use to identify where they are most vulnerable in their web, social media and mobile presence. This helps prevent attacks originating outside a company’s firewall as well as in.
NGP’s investment is part of a larger partnership, which will allow RiskIQ to further expand its commercial operations among industrial and utility companies. This is especially important now since much of the world is working remotely, which makes companies even more susceptible to cyber attacks.
“We view NGP’s show of support as an incredible opportunity to help customers in new markets thrive as their attack surfaces expand outside the firewall, especially now amid the COVID-19 pandemic,” RiskIQ CEO Lou Manousos said in a statement. “Like us, NGP recognizes that operational technology around attack surface management is no longer just nice to have, and is a must for all businesses.”
Founded in 2009, RiskIQ has raised a total of $80 million to date and counts global brands like Amazon, Disney, Facebook and Toyota among its more than 6,000 customers.
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