Security News > 2021 > March > Living Security raises $14M to further develop its human risk management platform

Living Security raises $14M to further develop its human risk management platform
2021-03-30 22:50

After a year of fast growth, Living Security announced it has closed a $14 Million Series B round to continue its expansion beyond cybersecurity awareness training and further develop its human risk management platform.

"During the last three years, Living Security revolutionized security awareness training programs that were boring, ineffective and implemented just to meet minimal compliance requirements," said Ashley Rose, CEO and co-founder of Living Security.

Living Security plans to use the new funding to rapidly expand market share in the human risk and awareness category, to build upon its record of innovation by developing its Unify human risk management platform, and to use behavioral data and analytics to spot vulnerabilities, ultimately predicting where attacks might occur.

In 2020, Living Security tripled its revenue and employee headcount and more than doubled its customer count, reflecting sizable expansion within the existing customer base through a more scalable platform.

In addition to bringing the new human risk management platform to market, Living Security is also investing in go-to-market resources to expand geographic reach and scale both direct and channel sales efforts.

"We're proud of what we've accomplished in just four years since Ashley and I founded Living Security," said Living Security Chief Strategy Officer and co-founder Drew Rose.


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