CyberSaint, a prominent cyber risk management firm, has successfully secured $21 million in Series A funding, significantly propelling the total investment to $29 million. Riverside Acceleration Capital (RAC) led the latest investment round, with participation from Sage Hill Investors, Audeo Capital, and BlueIO. The substantial infusion of new funding is set to drive market expansion and continued enhancement of CyberSaint’s AI-powered CyberStrong platform. This platform is purpose-built to aid enterprises in automating compliance processes and converting cyber risk into financial terms, offering an all-encompassing suite comprising assessment, control monitoring, cyber risk quantification, remediation, and robust reporting capabilities. Moreover, CyberSaint provides organizations with complimentary cyber risk analysis, facilitating the swift identification of top risks and the associated
NIST 800-53 controls based on industry, size, and revenue metrics. Jerry Layden, CEO of CyberSaint, emphasized the critical importance of mitigating cyber risks with the escalating frequency and complexity of cyber attacks and pledged to significantly elevate cyber risk management in advancing organizational performance, thanks to the latest funding surge.
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