What is Security Innovation?
Since its inception in 2002, Security Innovation has established itself as a premier partner for cybersecurity risk analysis and mitigation, serving a clientele that includes global giants like Microsoft, Sony, GM, Disney, and Dell. The company, recognized as a Leader in the Gartner Magic Quadrant for Security Awareness Computer-Based Training for two consecutive years, is committed to safeguarding sensitive data across diverse environments such as automobiles, desktops, web applications, mobile devices, and cloud infrastructures. Security Innovation operates as a privately held entity, with its headquarters located in Wilmington, MA, USA.
How much funding has Security Innovation raised?
Security Innovation has raised a total of $15.1M across 4 funding rounds:
Series A
$7.1M
Private Equity
$2M
Private Equity
$4M
Debt
$2M
Series A (2008): $7.1M with participation from Brook Venture Partners
Private Equity (2010): $2M led by Brook Venture Partners
Private Equity (2015): $4M supported by Brook Venture Partners
Debt (2020): $2M featuring PPP
Key Investors in Security Innovation
Brook Venture Partners
Brook Venture Partners, now operating as 424 Capital, is a venture capital firm specializing in providing capital to expansion-stage businesses, particularly within the technology sector. They are known for their active involvement in corporate development to foster market leaders.
PPP
Public-Private Partnership
What's next for Security Innovation?
The recent major strategic investment, alongside previous rounds including private equity and debt financing, indicates a robust growth trajectory for Security Innovation. This sustained backing suggests a strategic focus on expanding its market reach, enhancing its technological capabilities in cybersecurity risk analysis, and potentially exploring new verticals for its mitigation solutions. The company's consistent recognition by industry analysts like Gartner further solidifies its leadership position and provides a strong foundation for future expansion and innovation in the dynamic cybersecurity landscape.
See full Security Innovation company page
