RiskSense Raises $14 Million for Intelligent Vulnerability Management - eSecurity Planet

Add one more to the growing tally of security funding deals in early 2017. RiskSense, an Albuquerque, NM cyber-risk management company, announced this week that it had raised $14 million in a Series A round of financing. "The funding raised by existing investors Paladin Capital Group, Sun Mountain Capital, EPIC Ventures, and CenturyLink and a new investor Jump Capital will enable RiskSense to expand sales and marketing, enter new markets such as cyber-security insurance, and broaden and accelerate product development," Dr. Srinivas Mukkamala, co-founder and CEO of RiskSense, told eSecurity Planet. Spun off from New Mexico Institute of Mining and Technology and acting as advisors to the U.S. Department of Defense and U.S. Intelligence Community, RiskSense uses of artificial intelligence (AI) technologies, particularly machine learning, to help governments and enterprise organizations identify and prioritize risks to their networks and data. "RiskSense is changing the way organizations detect and manage cyber risk," said Mukkamala.