Orchestrated risk management firm ZeroNorth secures $10 million

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ZeroNorth, a provider of orchestrated risk management services, recently procured $10 million in a Series A investment round led by ClearSky Ventures. Crosslink Capital, Rally Ventures, and existing investor Petrillo Capital also participated in the round. ZeroNorth, formerly known as CYBRIC, stated that the new funding will help to accelerate its newly-extended focus on software and infrastructure risk management. The company is planning to strengthen its research and development, marketing and services to meet the growing demand for its platform.

ZeroNorth accelerates and scales software and infrastructure risk management solutions by orchestrating the discovery and remediation of vulnerabilities. The company claims that it’s the first provider of orchestrated risk management services in the cybersecurity industry. Its orchestration platform named Mission-Control enables enterprises to manage the automated and consistent software security program.

Headquartered in Boston, ZeroNorth claims that many organizations rely on its Mission-Control software platform to discover and remediate evolving vulnerabilities. The platform also provides constant proof of compliance and more cost-effective risk management solutions.

Speaking on the new investment, Ernesto DiGiambattista, ZeroNorth’s CEO and founder, said “Proactively managing security and risk is about more than application security testing orchestration. Application vulnerability correlation and threat vulnerability management are important pieces of the puzzle that we’re delivering for customers grappling with the realities of digital transformation and managing risk in new environment. We now have a broader focus that called for an expanded team and a new brand to match. With these pieces in place and the support of world-class investors, we’re ready to make proactive security a reality for organizations worldwide.”

“Today every organization is in the software business. Software and the infrastructure it run on are critical assets and continuous deployment is essential – but not at the expense of security,” said Peter Kuper, managing director at ClearSky Ventures. “ZeroNorth makes it possible for organizations to have both fast and secure production software – something that was considered incompatible before. Most importantly, ZeroNorth makes it possible for organizations to easily discover and remediate vulnerabilities without disrupting the software development process. Its orchestration platform will be critical to protecting this software-defined world and why we are so excited to be a supporter of this effort.”

 

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