Kenna Raised $25 Million in Series C – What it Means to Us and Our Customers

March 27, 2018 Karim Toubba

It’s with great excitement that I share another significant financial milestone for Kenna Security. This morning we announced that we’ve raised an additional $25 million in Series C funding, to further our pursuit of building the industry’s leading Predictive Cyber Risk Platform.

The round was led by Bessemer Venture Partners with participation from U.S. Venture Partners, Costanoa Ventures, PeakSpan Capital, Hyde Park Angels and OurCrowd. We are also proud to share that Alex Ferrara, partner at Bessemer Venture Partners, will be joining Kenna’s board of directors.

You can read the full press release here.

These top venture firms chose to fund Kenna because they believe and support our vision for predictive cyber risk. In particular, Bessemer – with its successful track record investing in cybersecurity and business-to-business SaaS providers – has said that Kenna stands out due to our ability to solve a genuine pain point for CISOs, and because we’re delivering true innovation in the cybersecurity sector.

This funding validates our model to extend security, taking it beyond the traditional prevent-detect-eradicate approach to one that is both proactive and predictive. Kenna’s innovative approach brings security, IT and DevOps teams from across the enterprise together and aligns them around measured risk, prioritized remediation, and making a substantive difference to prevent cyber-attacks against their organizations.

It’s not lost on us that this round was made possible by the more than 300 customers that Kenna is proud to call our partners. These customers, especially our early adopters, have believed in our vision from the start and have helped guide us to where we are today. We look forward to the continued partnerships with our existing and new customers that will help Kenna drive towards the next wave of innovation in vulnerability prioritization and predictive Cyber Risk.

 

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