According to filings with the U.S. Securities and Exchange Commission, Safe Security is raising $50,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Saket Modi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Safe Security
Safe Security is a pioneer in the Cybersecurity and Digital Business Risk Quantification (CRQ) space. It helps organizations measure and mitigate enterprise-wide cyber risk in real-time using its ML Enabled API-First SAFE Platform by aggregating automated signals across people, process and technology, both for 1st & 3rd Party to dynamically predict the breach likelihood (SAFE Score) & Dollar Value at Risk of an organization. Headquartered in Palo Alto, Safe Security has over 200 customers worldwide including multiple Fortune 500 companies averaging an NPS of 73 in 2020. Backed by John Chambers and senior executives from Softbank, Sequoia, PayPal, SAP, and McKinsey & Co., it was also one of the Top Contributors to the National Vulnerability Database(NVD) of the U.S. Government in 2019 and the ATT&CK MITRE Contributor in 2020. The company, since 2018, has also been working with MIT in joint research for the development of their SAFE Scoring Algorithm. Safe Security has received several awards including the Morgan Stanley CTO Innovation Award.

To learn more about Safe Security, visit http://www.safe.security/

Contact:
Saket Modi, Chief Executive Officer
650-843-0988
https://www.linkedin.com/in/samodi/

SOURCE: http://www.intelligence360.io
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