Iriusrisk Lands $29M To Automate Threat Modeling For Apps

IriusRisk, a threat modeling platform, today announced that it raised $29 million in a Series B funding round led by Paladin Capital Group with participation from BrightPixel Capital, SwanLab Venture Factory, 360 Capital and Inveready. In a conversation with TechCrunch, CEO Stephen de Vries said that the proceeds will be put toward growing IriusRisk’s U.S. and Europe, Middle East and Africa sales and marketing teams as the company’s total raised nears $40 million.