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Enterprise security firm Tessian raises $65M to accelerate platform development
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Enterprise security firm Tessian Ltd. revealed today it has raised $65 million in new funding to accelerate platform development and hire more people.
The Series C round was led by March Capital and included Accel, Balderton Capital, Latitude, Sequoia Capital and Schroder Adveq. The round was raised at a valuation of $500 million.
Founded in 2013, Tessian pitches itself as pioneering a new approach to cybersecurity with “Human Layer Security,” an approach that considers that data breaches are mostly caused by some form of human error. Powered by machine learning, Tessian’s platform provides visibility into human security risks, automatically preventing security threats while continuously driving employees toward secure email behavior through in-the-moment security training.
DJ PRESS RELEASE/REALWIRE/Tessian Raises USD65M Series C to Advance Security at the Human Layer (The issuer is solely responsible for the content of this announcement.) Tessian Raises USD65M Series
Tessian Raises $65M Series C to Advance Security at the Human Layer
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Lead investor March Capital has backed cybersecurity leaders CrowdStrike and KnowBe4; is joined by existing investors Sequoia, Accel.
25 May 2021 - SAN FRANCISCO. Human Layer Security company Tessian today announces that it has raised $65 million in Series C venture capital funding to accelerate its mission of quantifying and preventing human risk in global enterprises, and empowering people to do their best work without security getting in the way.
Tessian Founders
The round is led by March Capital, a venture-growth firm which has previously invested in cybersecurity unicorns such as CrowdStrike and KnowBe4. Existing Tessian investors Accel, Balderton Capital, Latitude and Sequoia Capital also participated in the Series C funding round, along with new investor Schroder Adveq, bringing Tessian’s total funding to-date over $120 million. The deal values Tessian at $500 million.