The risk management technology provider has closed a Singtel Innov8-backed round that increased its total funding to $155m.
BitSight. The US-based operator of a measurement platform for security risk, has completed a $60m series D round featuring telecoms company Singapore Telecommunications’ corporate venturing unit, Singtel Innov8.
Private equity firm Warburg Pincus led the round, which also featured venture capital firms Menlo Ventures and GGV Capital, taking BitSight’s overall funding to $155m. Warburg Pincus managing director Cary Davis will join the company’s board of directors.
Founded in 2011, BitSight has created a product called BitSight Security Ratings Platform, which…