Tessian Raises $65 Million to Enhance Cybersecurity Solutions
Tessian, a prominent company specializing in human layer security and headquartered in London, UK, as well as having a presence in San Francisco, CA, has successfully raised $65 million in its Series C funding round. This latest financial injection brings the total amount of funding garnered by the company to over $120 million, while also boosting its valuation to an impressive $500 million. The funding round was spearheaded by March Capital, with notable participation from existing investors such as Accel, Balderton Capital, Latitude, and Sequoia Capital. Additionally, the company welcomed a new investor, Schroder Adveq, into its expanding financial family. This influx of capital not only reflects the confidence investors have in Tessian's innovative approach to security but also highlights the growing importance of safeguarding digital interactions in today’s increasingly connected world.
The funds raised will enable Tessian to broaden its operational scope beyond email security to encompass other vital interfaces, including messaging, web platforms, and collaborative tools.
With ambitions to significantly expand its workforce, the company aims to triple its employee count, particularly focusing on bolstering its sales team within the crucial North American market. Under the leadership of CEO Tim Sadler, Tessian is committed to enhancing its cutting-edge machine learning capabilities to combat the ever-present threats of data breaches and security incidents that arise from human errors, doing so in a manner that preserves employee productivity and workflow.
Tessian's innovative strategy involves the development of Behavioral Intelligence Models that are uniquely customized for each employee. By meticulously analyzing individual communication patterns and online behaviors, these models strive to create a proactive security framework. When a potential threat is detected, the system immediately alerts the employee in real-time, thereby preventing many incidents from escalating into serious breaches. Currently, Tessian proudly serves approximately 350 global clients across various sectors, including legal, financial services, healthcare, and technology. Some of their prominent customers include well-known names like Affirm, Investec, and RealPage, exemplifying Tessian's crucial role in providing security solutions that protect sensitive information and uphold trust in digital communications.
They've invested in Tessian
Get to know these Cyber security investors
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 March Capital | 2 investments investments | 9 contacts contacts | |||
 Accel | 40 investments investments | 8 contacts contacts | |||
 Balderton Capital | 22 investments investments | 12 contacts contacts | |||
 Latitude | 10 investments investments | more info | |||
 Sequoia Capital | 14 investments investments | 19 contacts contacts |
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