SAN FRANCISCO: 10 Aug 2021 – Following its Series C fundraise in May 2021, main Human Layer Security firm Tessian broadcasts that it has acquired strategic funding from Okta Ventures, Citi Ventures and Sozo Ventures as a part of a Series C extension. The extension additionally sees funding from executives at CrowdStrike in addition to Fortune 500 CISOs. It brings the whole Series C funds raised to $74m.
The extra funding will assist Tessian speed up its mission of mitigating and stopping human threat within the enterprise, and empowering folks to do their greatest work with out safety getting in the way in which.
Human error is the main trigger of information breaches in organizations at the moment. This is as a result of cybersecurity software program has sometimes targeted on the machine layer of an organization and never the folks – the gatekeepers to probably the most delicate techniques and knowledge in a company. The so-called ‘people problem’ in safety has been exacerbated as companies transfer to a distant or hybrid manner of working, within the wake of the Covid-19 pandemic. To overcome this, Tessian has pioneered a brand new method to cybersecurity and outlined a brand new class of safety software program known as Human Layer Security.
With the extra funding, Tessian will develop its platform’s capabilities past electronic mail, securing different interfaces like messaging, net and collaboration platforms from incidents of human error. It will assist firms to exchange their safe electronic mail gateways and legacy knowledge loss prevention options.
Austin Arensberg, Director at Okta Ventures mentioned, “The biggest threat to enterprise security today is people’s identities and behaviors. With more people working remotely, it’s never been more important for companies to know who their most high risk employees are, the threats they pose to company security, and how to keep them safe – without disrupting their workflow. We saw a huge opportunity with Tessian; by securing the human layer, businesses can stop threats and keep operations running.”
“From consumers to enterprises, the human factor remains the chink in the cyber armour,” explains Suman Natarajan, Senior Vice President of Venture Investing at Citi Ventures. “We are impressed with Tessian’s holistic approach to tackle human layer security with advanced algorithms to block sophisticated attacks and thoughtful design with coaching for end users. The Citi Ventures team is thrilled to invest and support the Tessian team on the next step of their journey.”
Tim Sadler, CEO and co-founder of Tessian mentioned, “For too long, cybersecurity software has focused on securing technology and neglected the security of the people who run the organization. It just takes one wrong decision, or one instance of human error, for an employee to cause a catastrophic security breach – and businesses are starting to realize that they now must do something to stop this. With backing from best-in-class investors and executives from some of the world’s most innovative security companies, we are truly on our way to fulfilling our mission of securing the human layer and helping businesses overcome one of the biggest threats to enterprise security.”
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Tessian’s mission is to safe the human layer by empowering folks to do their greatest work, with out safety getting of their manner. Using machine studying know-how, Tessian mechanically predicts and eliminates superior threats on electronic mail brought on by human error – like knowledge exfiltration, unintended knowledge loss, enterprise electronic mail compromise and phishing assaults – with minimal disruption to staff’ workflow. Founded in 2013, Tessian is backed by famend buyers like Sequoia, Accel, March Capital and Balderton Capital, and has places of work in San Francisco, Boston and London.
Laura Brooks, PR Director
Ali Ius, Mission North