BitSight Raises $250 Million at $2.4 Billion Valuation

NEWS & INDUSTRY Risk Management

Cybersecurity ratings company BitSight on Monday announced receiving a $250 million investment from credit ratings giant Moody’s in a deal valuing BitSight at $2.4 billion.

BitSight said it will use the money to further enhance its offerings and capabilities. The company has raised more than $400 million across six funding rounds.

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Source: Security Week