SafeBreach Raises $53.5 Million in Series D  

by Kay Aloha Villamor in November 11th, 2021

SafeBreach, the pioneer in breach and attack simulation ("BAS"), announced that it raised $53.5 million in Series D funding, led by Sonae IM and Israel Growth Partners (IGP), with additional participation from Sands Capital and Leumi Partners. 

The latest round also includes a strategic investment from ServiceNow, the leading digital workflow company that makes work, work better for people, as well as participation from existing investors, Sequoia Capital, Deutsche Telekom Capital Partners, DNX Ventures, and others.

This new capital representing the largest investment to date in a breach and attack simulation vendor - more than doubles the investment in SafeBreach, bringing the company's total funding to over $106 million.

The new capital will fuel the company's plans to expand its market footprint to new geographies and evolve its offerings in response to client needs.

Company: SafeBreach Inc.

Raised: $53.5M

Round: Series D

Funding Month: November 2021

Lead Investors: Sonae IM and Israel Growth Partners (IGP)

Additional Investors: Sands Capital, Leumi Partners

Company Website: http://www.safebreach.com/

Software Category: Security validation platform

About the Company: A pioneer in the Breach and Attack Simulation (BAS) market, SafeBreach is the world's most widely used continuous security validation platform. The patented platform automatically and safely executes thousands of attack methods to validate the network, endpoint, cloud, container, and email security controls against its Hacker's Playbook™, the world's largest collection of attack data broken down by methods, tactics, and threat actors. Founded in 2014 by experienced CISOs, hackers, and security entrepreneurs, SafeBreach makes it possible for security teams to invest wisely, protect more and mitigate risk. 

Source: http://www.itnewsonline.com/GlobeNewswire/SafeBreach-Closes-USD53.5-Million-Series-D-New-Funding-to-Fuel-Momentum/30975

 

 


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