10:50 AM
Dark Reading
Dark Reading
Products and Releases

Flashpoint Announces $28 Million Series C Led by Georgian Partners

Increasing global demand for business risk intelligence (BRI) drives latest funding round with new partner and existing investors.

New York, NY – July 12, 2017Flashpoint, the global leader in Business Risk Intelligence (BRI), today announced the close of a $28 million Series C funding round led by new investor Georgian Partners. With this round, Steve Leightell, principal at the firm, will join the Flashpoint Board of Directors, which includes Ellie Wheeler, Glenn McGonnigle, and Brendan Hannigan.

Existing Flashpoint investors Greycroft Partners, TechOperators, Leaders Fund, Jump Capital, Bloomberg Beta, and Cisco Investments also participated in the round.

“Georgian Partners brings with it not only a significant investment into Flashpoint’s expansion to drive global adoption of BRI, but a unique expertise in applied analytics, machine learning, and natural language processing, which will help us further mature our offerings,” said Josh Lefkowitz, CEO and co-founder of Flashpoint. “Moreover, the Georgian team embodies the entrepreneurial spirit required to develop a fast-growing, people-oriented and customer-focused company.”

Enterprises need to protect their ability to operate, and to do that they must make better, more informed risk decisions. BRI delivered by Flashpoint provides these enterprises with immediate visibility into real threats with the potential to harm them and the context to help them understand how these threats could impact their business. This latest investment will allow Flashpoint to accelerate worldwide adoption of BRI, coming on the heels of a successful expansion in EMEA and Asia Pacific in the first half of 2017. The funding will also support the company’s recruitment of talent to support its sophisticated technology roadmap, and adding even more specialized talent to its team of highly-skilled intelligence analysts.

“Flashpoint is unrivaled in its visibility into the deep and dark web, and its ability to turn that into actionable insights,” Leightell said. “We are very excited about partnering with Flashpoint and collaborating to bring even richer analytics and artificial intelligence to its offering as Flashpoint innovates across the security and intelligence industries.”

Flashpoint’s robust and growing customer base spans industries such as finance, retail, insurance, healthcare, law, media, energy, technology, telecommunications, defense, government, aviation, entertainment, hospitality, consumer goods, and manufacturing.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Securing Social Media: National Safety, Privacy Concerns
Kelly Sheridan, Staff Editor, Dark Reading,  4/19/2018
Firms More Likely to Tempt Security Pros With Big Salaries than Invest in Training
Sara Peters, Senior Editor at Dark Reading,  4/19/2018
Register for Dark Reading Newsletters
White Papers
Current Issue
How to Cope with the IT Security Skills Shortage
Most enterprises don't have all the in-house skills they need to meet the rising threat from online attackers. Here are some tips on ways to beat the shortage.
Flash Poll
[Strategic Security Report] Navigating the Threat Intelligence Maze
[Strategic Security Report] Navigating the Threat Intelligence Maze
Most enterprises are using threat intel services, but many are still figuring out how to use the data they're collecting. In this Dark Reading survey we give you a look at what they're doing today - and where they hope to go.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.