Flashpoint Secures $28 Million

Internet & IoT startup Flashpoint announced the close of $28 million in Series C financing. Seven investors participated in the round: Georgian Partners, Greycroft Partners, TechOperators, Leaders Fund, Jump Capital, Bloomberg Beta, and Cisco Investments.

Flashpoint delivers business risk intelligence (BRI) to empower business units and functions across organizations to make better decisions and mitigate risk. Fortune 500 and government customers use Flashpoint’s intelligence across enterprises in order to bolster cybersecurity, confront fraud, detect insider threats, enhance physical security, assess M&A opportunities, and address vendor risk and supply chain integrity.

The company revealed that the latest investment will allow Flashpoint to accelerate worldwide adoption of its latest product, coming on the heels of a successful expansion in EMEA and Asia Pacific in the first half of 2017. The funding will also support the company’s recruitment of talent to support its technology roadmap and add specialized talent to its team of intelligence analysts.