Cyber Security Startup Safe Security Bags $50 Mn Funding From Sorenson Capital, Others

Cyber Security Startup Safe Security Bags $50 Mn Funding From Sorenson Capital, Others

SUMMARY

The funding round also saw participation from Fidelity Investments’ VC arm Eight Roads, Telstra Ventures, WTI, among others

Founded by Saket Modi, Vidit Baxi, and Rahul Tyagi in 2012, Safe Security offers AI-driven, real-time solutions for managing and mitigating cyber risk

Safe Security last raised $33 Mn in a funding round led by the BT group, one of the UK’s largest telecommunications and network providers, in 2021

Cyber security startup Safe Security has raised $50 Mn in its Series B funding round led by Sorenson Capital. The funding round also saw participation from Fidelity Investments’ venture capital arm Eight Roads, Telstra Ventures, WTI, among others.

In a statement, the startup said it will continue to focus on innovating ahead of the market and lead the charge with its real-time, data-driven platform for managing and mitigating cyber risk.

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