Risk Ledger, a cybersecurity firm specializing in supply chain resilience, has successfully concluded a £6.25m series A funding round. This funding is crucial amid a surge in third-party security breaches. Led by Mercia Ventures, the round includes investors like Seedcamp, Firstminute Capital, Episode 1, Village Global, and Lifeline Ventures. Risk Ledger’s total venture funding now stands at £9.8m.
The funds will primarily support product development to enhance tools addressing supply chain threats. The focus is on refining services to safeguard clients, especially those in critical sectors like national infrastructure, financial services, and the public sector.
Risk Ledger has experienced rapid market adoption, with a user base of over 17,000 across 5,000 organizations in the past two years.
With the new funding, Risk Ledger aims to strengthen industry partnerships and improve its platform for real-time responses to security incidents, contributing to a more resilient global business environment. Brooks envisions the platform evolving to provide enhanced capabilities in supply chain security, reducing the impact of incidents for a more resilient world.
By FCCT Editorial Team
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