Threat Detection Startup Reversing Labs Raised $56 Million in a Series B Funding

Series B funding

ReversingLabs, a threat detection business, has raised $56 million in a Series B fund raising round. The company has raised $81 million to date.

Crosspoint Capital Partners, a private equity firm, led the fresh investment round. ForgePoint Capital, an existing investor, also took part.

The fresh money will be used by ReversingLabs to expand its sales and marketing operations.

ReversingLabs provides technologies that assist businesses protect themselves from software supply chain hacks by evaluating binary integrity, as well as components and build processes, for tampering attempts or malicious code implants.

The need for greater software integrity management has been highlighted by several high-profile software supply chain crises involving corporations and critical infrastructure, such as Codecov, Kaseya, and SolarWinds, and ReversingLabs attempts to solve such difficulties directly.

The company, which was founded in 2009, claims to deal with significant corporations in industries such as financial services, defence, software, retail, and insurance.

SEE ALSO:
Sophisticated Chinese APT Group Targeting Southeast Asian Governments: Bitdefender reports
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