June 1, 2017

Third-Party Risk Management Provider RiskRecon Secures $12 Million in Series A Funding

SALT LAKE CITY – RiskRecon, a SaaS provider of objective, vendor security assessments and insights, today announced it has completed a $12 million Series A financing round led by Dell Technologies Capital with additional participation from F-Prime Capital Partners and existing investor General Catalyst. The RiskRecon platform dramatically improves third-party risk management by delivering transparent security measurements, analytics, and analyst-level insights. The funding will bolster product development and accelerate global sales growth.

With its proprietary data gathering technology, RiskRecon offers a unique depth, transparency and accuracy unavailable from security ratings services and vendor questionnaires. RiskRecon’s solution discovers a third-party vendor’s entire public IT footprint and produces actionable security assessments. RiskRecon provides not just summary information but also all supporting evidence, remediation priorities and vendor collaboration so that you can truly scale your third-party risk program.

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