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Enterprise security firm Tessian extends funding to $74M
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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.
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