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Asset Risk Management Firm Sepio Raises $22 Million in Series B Funding

Asset Risk Management Firm Sepio Raises $22 Million in Series B Funding

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Asset Danger Administration Agency Sepio Raises $22 Million in Sequence B Funding

By Ionut Arghire on October 27, 2022

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Asset danger administration agency Sepio this week introduced that it has raised $22 million in Sequence B funding, which brings the entire raised by the corporate to $37 million.

The brand new funding spherical was led by U.S. Enterprise Companions, with extra funding from Bess Ventures, Citi Ventures, Stanford College, World Commerce Ventures, and angel traders.

Based in 2016, the Rockville, Maryland-based agency supplies bodily layer-based asset danger administration capabilities, serving to organizations take care of recognized and shadow IT belongings at any scale.

Principally, Sepio helps companies establish rogue units related to their company networks, together with mice, keyboards, or different USB-connected units, which can open the door to cyberattacks by state-sponsored and legal adversaries.

The brand new funding will enable Sepio to put money into its product and in gross sales.

“We particularly tapped into asset danger administration from the start when this was an inexplicably missed space. It has actually paid off. So many nice minds at the moment are recognizing asset danger administration as a key cybersecurity problem,” Sepio CEO Yossi Appleboum stated.

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