# RiskSense

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/risksense

- Industry: IT Security/Cybersecurity
- Headquarters: Sunnyvale, US
- Website: www.risksense.com
- Total disclosed funding: $26M
- Latest round: Series B (Aug 7, 2018)
- Investors on record: 8

## About

Based in the US, RiskSense, Inc. specializes in risk-based vulnerability management and application security orchestration, helping organizations effectively measure and manage their cybersecurity risks.RiskSense, Inc. was founded in 2015 in Sunnyvale, California, and provides risk-based vulnerability management solutions. The company was acquired by Ivanti, Inc. on July 29, 2021, from several investors, including EPIC Ventures and Paladin Capital Group. Srinivas Mukkamala serves as both the founder and CEO of the firm. Through this acquisition, RiskSense will align its technology with Ivanti's product roadmap to enhance patch management capabilities.RiskSense specializes in risk-based vulnerability management (RBVM) and application security orchestration and correlation (ASOC) solutions designed to help organizations measure and manage cybersecurity risks effectively. Their core offerings leverage advanced human-interactive machine learning technology to provide real-time threat intelligence and actionable insights for vulnerability assessments. These solutions enable users to prioritize risks based on adversarial impact, thereby enhancing overall cybersecurity posture. RiskSense targets a diverse clientele, including government agencies, healthcare providers, educational institutions, and retail organizations, facilitating comprehensive vulnerability management across various sectors. Their products are marketed and utilized in regions such as North America, Europe, and Asia-Pacific, catering to enterprises looking to secure their digital infrastructures against sophisticated cyber threats.The revenue structure of RiskSense is primarily based on a subscription model, where clients pay for access to their software solutions, which include RBVM and ASOC services. Transactions typically occur through direct B2B engagements with organizations that require vulnerability management and cybersecurity solutions. This structure supports ongoing relationships with clients, allowing them to renew their subscriptions for continued access to updates and support services. RiskSense offers tiered pricing plans that correspond to different levels of service, including flagship products like their RBVM as a Service, which provides integrated vulnerability scanning and prioritization. The company’s transactional framework is designed to ensure value delivery to clients through regular updates and the ability to adapt to evolving security needs.The acquisition of RiskSense, Inc. by Ivanti, Inc. will enable the company to bring its technology in-house, aligning future feature development with Ivanti's product roadmap. This strategic move aims to revolutionize the patch management market and aid customers in proactively combating cyber threats and ransomware attacks. Specific plans for upcoming product launches and market expansion have not been disclosed.

## Funding rounds

- Series B, Aug 7, 2018, $12M — Paladin Capital Group, EPIC Ventures, Spring Mountain Capital, Sun Mountain Capital, Jump Capital, UL Ventures, NightDragon
- Series A, Mar 9, 2017, $7M — Paladin Capital Group, EPIC Ventures, CenturyLink, Inc., Sun Mountain Capital, Jump Capital
- Series A, Aug 2, 2016, $7M — Paladin Capital Group, EPIC Ventures, Sun Mountain Capital

## Investors

- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A, Series B
- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series A, Series B
- Sun Mountain Capital (https://capitalatlas.ai/funds/sun-mountain-capital) — Series A, Series B
- CenturyLink, Inc. — Series A
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series A, Series B
- Spring Mountain Capital (https://capitalatlas.ai/funds/spring-mountain-capital) — Series B
- UL Ventures (https://capitalatlas.ai/funds/ul-ventures) — Series B
- NightDragon (https://capitalatlas.ai/funds/nightdragon) — Series B