CyberSaint, a company specializing in cyber risk management, has secured $21 million in Series A funding led by Riverside Acceleration Capital. The company aims to help organizations establish clear, actionable and measurable cybersecurity programs.
CyberSaint works to simplify and automate complex cyber risk management processes. The company recently introduced a free cyber risk analysis tool that lets organizations input their industry, company size and revenue to identify risks and associated security and privacy controls.
Since its founding in 2016, CyberSaint has experienced significant growth. The company released new features for optimizing resource allocation and decision-making and formed a strategic partnership with IBM Cloud.
With its latest investment, CyberSaint intends to expand its global market presence and further develop its CyberStrong platform, a cyber risk posture solution that leverages AI technology to automate compliance and translate cyber risk into financial terms.
