Wednesday, August 3, 2016

RiskSense Raises $7M

Albuquerque-based RiskSense, which develops cyber risk management software, announced this morning that it has raised $7M in a funding round. The funding was led by Paladin Capital Group, along with Sun Mountain Capital, EPIC Ventures, and others. Paladin's Mourad Yesayan has joined the company's board along with the funding. RiskSense is a spinout of the New Mexico Institute of Mining and Technology, and is led by Dr. Srinivas Mukkamala. The company said the funding will go towards sales, marketing, and product innovation. More information »