SAFE Secures $70 Million Series C

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">PALO ALTO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4478928-1&amp&semi;h&equals;3280311842&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fsafe&period;security&percnt;2F&percnt;3Futm&lowbar;source&percnt;3Dprnewswire&percnt;26utm&lowbar;medium&percnt;3Dpress-release&percnt;26utm&lowbar;content&percnt;3Dseries-c-and-ctem-homepage&amp&semi;a&equals;SAFE" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">SAFE<&sol;a><&sol;u>&comma; a provider of Cyber Risk Quantification &lpar;CRQ&rpar; and the first company to deliver fully autonomous Third-Party Risk Management &lpar;TPRM&rpar;&comma; has raised a <span class&equals;"xn-money">&dollar;70 million<&sol;span> Series C funding round&period; The round was led by Avataar Ventures&comma; with participation from Susquehanna Asia Venture Capital&comma; NextEquity Partners&comma; Prosperity7 Ventures&comma; and existing investors including Eight Roads&comma; <span class&equals;"xn-person">John Chambers<&sol;span> and Sorenson Capital among others&period; The capital will be used to accelerate SAFE&&num;8217&semi;s dominance in the cyber risk management market and fuel continued innovation to build Agentic AI-native reasoning models to move closer to SAFE&&num;8217&semi;s mission to achieve CyberAGI&period;<&sol;p>&NewLine;<p>Alongside the funding&comma; SAFE unveiled the most transformative upgrade to its Cyber Risk Singularity platform yet&colon; the world&&num;8217&semi;s first fully autonomous Continuous Threat Exposure Management &lpar;CTEM&rpar; solution&comma; powered by Agentic AI&period;<&sol;p>&NewLine;<p>While traditional CTEM tools claim to provide risk based insights&comma; they rely on black-box scoring models and static signal aggregation &&num;8211&semi; thereby lacking critical transparency and context&period; SAFE changes the game&period; Just as it redefined Cyber Risk Quantification &lpar;CRQ&rpar; by truly understanding and quantifying risk making it actionable&comma; it&&num;8217&semi;s now bringing that same rigor and precision to CTEM &&num;8211&semi; this time&comma; supercharged with dozens of autonomous AI agents&period;<&sol;p>&NewLine;<p>&&num;8220&semi;This is a defining moment in our pursuit of CyberAGI&comma;&&num;8221&semi; said <span class&equals;"xn-person">Saket Modi<&sol;span>&comma; Co-Founder and CEO of SAFE&period; &&num;8220&semi;When we launched our platform in 2020&comma; we carefully selected a market that would be the foundation of cyber risk management &&num;8211&semi; Cyber Risk Quantification &lpar;CRQ&rpar;&period; Not only did we shape the category&comma; we&&num;8217&semi;ve become its undisputed leader&period;<&sol;p>&NewLine;<p>In 2023&comma; we brought the same disruptive mindset to Third-Party Risk Management &lpar;TPRM&rpar; with Agentic AI&comma; and today we&&num;8217&semi;re fast emerging as the clear frontrunner&period;<br class&equals;"dnr" &sol;>Now&comma; we&&num;8217&semi;re applying that same Agentic AI-first approach to our next frontier&colon; Continuous Threat Exposure Management &lpar;CTEM&rpar;&period; Each of these domains are critical building blocks in our singular pursuit&colon; achieving CyberAGI&period;&&num;8221&semi;<&sol;p>&NewLine;<p><u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4478928-1&amp&semi;h&equals;3384884176&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Freprint&period;forrester&period;com&percnt;2Freports&percnt;2Fthe-forrester-wavetm-cyber-risk-quantification-solutions-q2-2025-1b87b124&percnt;2Findex&period;html&amp&semi;a&equals;Forrester&plus;named&plus;SAFE&plus;as&plus;the&plus;leader" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Forrester named SAFE as the leader<&sol;a><&sol;u> in its Cyber Risk Quantification Solutions Wave of Q2 2025&comma; reaffirming its market dominance&period; Since launching TPRM in 2024&comma; over 50&percnt; of SAFE&&num;8217&semi;s customers have adopted the module&period; With the addition of CTEM&comma; SAFE&&num;8217&semi;s singularity platform now empowers security and risk leaders to prioritize and remediate both operational and strategic risks &&num;8211&semi; across first and third parties&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our investment philosophy is rooted in deep conviction around transformative market shifts—and few are as compelling as the opportunity in cybersecurity&comma; especially in the age of AI&comma;&&num;8221&semi; said <span class&equals;"xn-person">Nishant Rao<&sol;span>&comma; Founding Partner at Avataar Ventures&period; &&num;8220&semi;Most cybersecurity sub-sectors we&&num;8217&semi;ve evaluated are either overcrowded or limited to tactical&comma; widget-like solutions&period; But cybersecurity today is a boardroom and CEO-level priority&comma; and that&&num;8217&semi;s not changing anytime soon&period;<&sol;p>&NewLine;<p>What makes SAFE stand out is its positioning &&num;8211&semi; not as another detection tool&comma; but as a strategic intelligence layer across the entire cybersecurity stack&period; Combine that with a stellar execution track record and consistent 120&percnt;&plus; YoY growth since their launch in 2020&comma; partnering with Saket and his team was an easy decision&period;&&num;8221&semi;<&sol;p>&NewLine;<p>SAFE counts Google&comma; Fidelity&comma; T-Mobile&comma; Chevron&comma; and IHG among its customers&period; With this round&comma; total funding exceeds <span class&equals;"xn-money">&dollar;170 million<&sol;span>&period;<&sol;p>&NewLine;

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