CYRISMA, a Rochester, NY-based all-in-one risk management platform provider, has raised $7 million in Series A funding.
Investors
The round was led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures.
Blueprint Equity provides expansion capital to high-growth, capital-efficient enterprise software and technology-enabled services businesses worldwide. With $275 million of assets under management, Blueprint Equity is based in La Jolla, CA.
Sheldon Lewis of Blueprint Equity will join CYRISMA's Board of Directors.
CYRISMA Use of Funds
The funding will accelerate the development of CYRISMA's platform, enhance customer success, and expand sales and marketing efforts.
About CYRISMA
CYRISMA provides an all-in-one risk management platform designed to assist Managed Service Providers (MSPs) in enhancing their cybersecurity offerings. The platform provides a comprehensive solution to help organizations identify, prioritize, and remediate security vulnerabilities, track compliance requirements, and manage AI security risks. Its mission is to democratize cybersecurity with a risk management ecosystem that is accessible to all businesses.
Funding Details
Company: CYRISMA
Raised: $7.0M
Round: Series A
Funding Date: October 2024
Lead Investors: Blueprint Equity
Additional Investors: SaaS Venture, Golden Ventures
Company Website: https://cyrisma.com/
Software Category: Risk Management
Source: https://www.prnewswire.com/news-releases/cyrisma-a-leading-risk-management-platform-for-msps-secures-7-million-growth-equity-financing-led-by-blueprint-equity-302271823.html