Eclypsium, an American cybersecurity firm, has successfully raised $45 million in an oversubscribed Series C funding round, bringing its total equity to $85 million. The round was backed by notable investors including StepStone platform managers, 1011 Ventures, and Andreessen Horowitz. The funds will be utilized to scale its Generative AI security solutions and expand operations in North America and the Asia-Pacific region, addressing increasing cyber threats. In a related development, Irish cybersecurity firm ZeroRisk has raised $4 million, led by Elkstone, to support its expansion into the US market. This funding will enable ZeroRisk to hire 40 new employees as it scales its AI-driven compliance solutions.
Irish Cyber Risk Management Firm ZeroRisk secures $4M for US Expansion https://t.co/0AtLqTaaFA
Elkstone is betting big on Dublin’s ZeroRisk, leading a $4m funding round to fuel its US expansion. The cyber risk firm is hiring 40 new staff as it scales its AI-driven compliance solutions. https://t.co/qabfPf01QZ
Irish fintech ZeroRisk raises $4 million https://t.co/0OhPFO5RMw