SBrinqa Accelerates Adoption of Risk-based Cybersecurity with First Institutional Investment of $110M

ADVERTORIAL

Brinqa Accelerates Adoption of Risk-based Cybersecurity with First Institutional Investment of $110M

Self-funded Brinqa has been profitable with strong growth since 2017; funding round from Insight Partners is company’s first institutional investment

  • Jun 08, 2021

Brinqa™ is a global leader in Cyber Risk Management. The company’s applications leverage the industry's only Knowledge Graph for cybersecurity – The Cyber Risk Graph. They are built on a risk-based low-code platform that enables rapid deployment and expansion across high-impact cybersecurity areas such as Cybersecurity Asset Management, Vulnerability Management, Application Security, and Cloud & Container Security. Supported by the most extensive cybersecurity data integration ecosystem – 150+ integrations strong and rapidly growing – Brinqa solutions help organizations get the most out of existing technology investments while addressing their unique risk tolerance and business challenges.

Bootstrapped and founder-backed since 2009, Brinqa announced today the company has obtained its first institutional investment of $110 million from Insight Partners, a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. 

Brinqa founders Amad Fida and Hilda Perez are cybersecurity industry veterans whose prior experience includes building and leading startups through successful growth and acquisition. Their deep expertise with enterprise IT and security organizations led them to recognize a severe and emerging problem that was going unaddressed.

Although Brinqa was not actively looking for outside investment, Insight Partners’ ScaleUp focus and operational expertise made them the right partner for the next stage of Brinqa’s journey.

This capital infusion better positions Brinqa to satisfy the increasing demand to address security challenges with seamlessly integrated, highly automated, and risk-based cybersecurity programs.

“With digital transformation, the number of cybersecurity controls and systems required to monitor and protect an enterprise has increased by magnitudes. While technology is a competitive advantage for businesses, its aggressive adoption has amplified the challenge of bringing it all together in a meaningful way,” said Amad Fida, CEO of Brinqa. “We founded Brinqa to help organizations harness the vast and rapidly growing stores of data towards the critical challenge of quantifying, operationalizing, and reducing cyber risk.”

Brinqa is leading the charge for a new wave of knowledge-driven, risk-based cybersecurity solutions. Brinqa Cyber Risk Graph – the knowledge graph for cybersecurity – connects relevant security and business data, establishes common data ontology, and powers cybersecurity decisions and outcomes. Brinqa solutions apply this knowledge to uniquely inform risk management strategies, standardize data management and analysis, deliver actionable insights, and automate risk remediation.

With Brinqa, businesses get all the tools they need to implement risk-based cybersecurity – packaged in a high-performance, enterprise-grade platform. Brinqa solutions evolve with the business and provide a stable, robust and dynamic cybersecurity foundation that supports and enables true digital transformation.

Brinqa plans to use the funds for continued business scaling and market expansion.

Follow us on LinkedIn and Twitter or visit brinqa.com to learn more.

Featured

  • Ransomware Attacks Rise for the First Time in Six Months

    Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

  • Eagle Eye Networks Launches AI Camera Gun Detection

    Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now

  • Report: AI is Supercharging Old-School Cybercriminal Tactics

    AI isn’t just transforming how we work. It’s reshaping how cybercriminals attack, with threat actors exploiting AI to mass produce malicious code loaders, steal browser credentials and accelerate cloud attacks, according to a new report from Elastic. Read Now

Most   Popular

New Products

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.