Brinqa, a startup that helps businesses map out their cybersecurity applications and alert them of gaps, on Tuesday said it raised $110 million from private equity firm Insight Partners.
Cybersecurity companies have been getting big rounds of funding as remote work and the mounting numbers of digital gadgets increase the opportunities for hackers to break in.
For Austin, Texas based Brinqa, founded in 2009, this is the first institutional investment, with the company self-funded until now, said CEO Amad Fida. He declined to share how much the company was valued at, adding only that Insight Partners received a minority stake. more here