Cyber risk intelligence provider RiskRecon has agreed to an acquisition by Mastercard after raising $40m in capital from investors including Dell Technologies Capital.
Payment services firm Mastercard has agreed to acquire US-based cybersecurity data provider RiskRecon for an undisclosed amount, allowing computing technology provider Dell to exit.
RiskRecon uses artificial intelligence to compile detailed cyber risk reports tailored to the requirements of each corporate customer, recommending specific actions.
The deal comes after $40m in funding, the most recent of which was a $25m series B round in August 2018 led by Accel and backed by Dell unit Dell Technologies Capital, General Catalyst,…
