What is IriusRisk?
IriusRisk is at the forefront of automated threat modeling and secure software design, addressing the pervasive challenge of software vulnerabilities in an increasingly digital world. The company's platform enables organizations across all sectors to identify security flaws in their software architecture during the design phase, thereby preventing issues before code is written. This proactive approach is crucial as cyber-attacks become more sophisticated and software underpins every aspect of the global economy. By integrating threat modeling early in the development lifecycle, IrusRisk empowers clients to build more secure applications and reduce their exposure to cyber threats.
How much funding has IriusRisk raised?
IriusRisk has raised a total of $35.7M across 2 funding rounds:
Series A
$6.7M
Series B
$29M
Series A (2020): $6.7M with participation from Paladin Capital Group, 360 Capital Partners, JME Ventures, Sonae Investment Management, and Swanlaab Venture Factory
Series B (2022): $29M led by Inveready, BrightPixel Capital, Paladin Capital Group, 360 Capital Partners, and SwanLab Venture Factory
Key Investors in IriusRisk
Inveready
Inveready is a prominent Spanish financial services firm specializing in investment solutions and wealth management, known for its active role in small and mid-market segments.
Paladin Capital Group
Paladin Capital Group is a global multi-stage investment firm focused on venture capital and growth financing, with a strategic approach to scaling companies across diverse sectors.
360 Capital Partners
360 Capital Partners is a European venture capital firm with significant experience in investing in and supporting innovative companies, particularly in France and Italy.
What's next for IriusRisk?
The substantial enterprise-level funding, highlighted by a recent strategic investment, signals a strong growth trajectory for IrusRisk. This capital infusion is expected to fuel further innovation in automated threat modeling technology, expand market reach, and enhance client support services. The company is well-positioned to capitalize on the growing demand for robust cybersecurity solutions, particularly in the realm of secure software development. Future developments will likely focus on deepening its integration into enterprise development pipelines and addressing emerging threat vectors, solidifying its leadership in the automated threat modeling space.
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