Safe Security Secures $70M in Series C Funding to Drive Real-Time Cyber Risk Management Innovation

Safe Security is thrilled to announce a landmark funding announcement, having raised $70 million to further our mission as the undisputed leader in Cybersecurity and Digital Business Risk Quantification (CRQ). This significant investment underscores investor confidence in our ability to manage the cyber risk posture of Fortune 500 companies and our innovative approach in measuring and mitigating enterprise-wide cyber risk in real-time. With our ML-enabled, API-first SAFE Platform, we aggregate automated signals across people, processes, and technology—both internally and with third-party sources—to dynamically predict breach likelihood through our SAFE Score and determine the potential dollar value at risk for organizations worldwide. Headquartered in Palo Alto, Safe Security is proud to serve over 200 customers globally, including many Fortune 500 companies, and maintain an impressive Net Promoter Score of 73 as of 2020. This new funding injection will accelerate our research and development efforts, enabling us to further refine our SAFE Scoring Algorithm, advanced in collaboration with MIT. Additionally, the funds will help expand our talented global team—currently comprising rockstars in the U.S. and India—and support strategic investments in our technology platform to address today’s evolving cyber threat landscape. Backed by prominent figures such as John Chambers, and senior executives from SoftBank, Sequoia, PayPal, SAP, and McKinsey & Co., our continued innovation and strong market positioning, underscored by accolades like the Morgan Stanley CTO Innovation Award, have placed us at the forefront of the industry. As we embark on this exciting new chapter, our expanded resources will drive us to set new benchmarks in digital risk management and foster a safer, more secure digital future for organizations around the globe.