MassMutual Ventures backs RiskIQ

RiskIQ, “the world leader in attack surface management,” is announcing a $15 million Series D round from National Grid Partners (NGP), the venture and innovation arm of British multinational utility company National Grid plc, with participation from previous investors Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures.

Founded in 2009, RiskIQ provides organization with discovery, intelligence, and mitigation of threats associated with their digital presence, and over 6,000 organizations worldwide, including 30% of the Fortune 500, trust the company’s capabilities for their cybersecurity programs, including vulnerability management, application security, and penetration testing programs.

“We view NGP’s show of support as an incredible opportunity to help customers in new markets thrive as their attack surfaces expand outside the firewall, especially now amid the COVID-19 pandemic. Like us, NGP recognizes that operational technology around attack surface management is no longer just nice to have, and is a must for all businesses. We look forward to this collaboration bringing RiskIQ technology, as well as a platform for information sharing and community defense, to this sector.” – RiskIQ CEO Lou Manousos said.

“As a staple platform in their core security environment, our cyber threat analysts use RiskIQ regularly to enrich & identify incoming threats. At NGP, we seek to partner with and invest in high growth companies that are strategic to National Grid. RiskIQ is a category leader in Attack Surface Management, with impressive technology and growth, and we are excited to lead their latest financing round.” – Lisa Lambert, president of National Grid Partners and Chief Technology and Innovation Officer of National Grid.