SafeBreach Secures $53.5 M in Series D

 Israel-based SafeBreach has secured $53.5 million in its Series D round of funding, which was led by Sonae IM and Israel Growth Partners (IGP), with additional participation from Sands Capital and Leumi Partners. The round saw investment come in from ServiceNow and participation from existing investors including Sequoia Capital, Deutsche Telekom Capital Partners, DNX Ventures, OCV Partners, PayPal, and others.

The fresh capital will be used by the company to fuel its plans of expansion into new geographies and improve its offerings. SafeBreach has raised over $106 million in total funding to date. As part of the funding round, Carlos Alberto Silva, Managing Partner at Sonae IM and Assaf Harel, General Partner at IGP will be joining the SafeBreach board, and Scott Frederick, Managing Director at Sands Capital will be added as a board observer.

“SafeBreach is the most comprehensive breach and attack simulation platform on the market – not only does it have the largest playbook containing over 21,000 breach methods; the platform also has flexible prioritization capabilities, extensive integrations, and extensible remediation options – while being simple to deploy,” said Carlos Alberto Silva, managing partner, Sonae IM. “We’ve never had such strong, positive customer feedback from high caliber clients and look forward to helping the company accelerate market expansion.”

Many large global enterprises in financial services, healthcare, manufacturing, telecommunications, retail, and other industries turn to SafeBreach for breach and attack simulation as part of their core security strategy to validate controls, improve security posture and mitigate business risk.