Security Startup SecurityScorecard Brings In $27.5 Million

SecurityScorecard closed $27.5 million in Series C financing led by NGP. Moody’s Corporation, AXA Strategic Ventures, Intel Capital, Sequoia Capital, GV, Boldstart Ventures, Two Sigma Ventures, and Evolution Equity Partners also participated.

SecurityScorecard provides an accurate rating of security risk for organizations worldwide. The company’s proprietary SaaS platform helps enterprises gain operational command of the security posture for themselves and across all their partners and vendors. It provides continuous, non-intrusive monitoring for any organization, including third and fourth parties. The platform offers a breadth and depth of critical data points not available from any other service, including Application Security, Malware, Patching Cadence, Network Security, Hacker Chatter, Social Engineering, and Passwords Exposed.

Funds from this investment round will be used to bring new solutions to the market and to expand on SecurityScorecard’s position as the security ratings leader.