The round was led by Sorenson Capital, with participation from Eight Roads, venture capital arm of Fidelity Investments, Telstra Ventures, WTI, and all existing investors. This round brings the company's total funding to over $100 million.

Safe Security is the leader in cyber risk management SaaS platforms. It has redefined cyber risk measurement and management with its real time, data driven approach that empowers enterprises, boards, regulators and cyber insurance carriers to understand cyber risk in an aggregated and granular manner. Using Safe's predictive AI driven data models, co-developed with MIT, customers are now empowered to translate the bits and bytes of cyber risk into dollars and cents so that they can prioritize their cyber investments to most effectively mitigate their risk and understand the return on security investments