Intelligent threat and vulnerability prioritization startup RiskSense, Inc., closed a $12 million Series B round of financing co-led by Spring Mountain Capital and NightDragon Security, with participation from UL Ventures, Paladin Capital Group, Sun Mountain Capital, EPIC Ventures, and Jump Capital.
The RiskSense team collaborated with the US Department of Defense and US intelligence community on applying artificial intelligence to cybersecurity problems as part of the Computational Analysis of Cyber Terrorism project. According to the company, its platform is used by Global Fortune 500 customers, government agencies, and one of the largest telecommunications providers in the world to deliver managed security services to businesses.
The company plans to use the funds to accelerate growth through sales, marketing, and research and development investments.