Lowenstein Sandler represented Riverside Software Lending Fund as lead investor in a $21 million Series A funding round for CyberSaint, the leader in cyber risk management. Additional participating investors include Sage Hill Investors, Audeo Capital, and BlueIO.
The funding will build on customer momentum, accelerate market expansion, and continue the innovation of CyberSaint’s CyberStrong platform, powered by its patented Artificial Intelligence (AI) technology. CyberStrong enables enterprises to master their cyber risk posture and drive executive alignment by automating compliance and translating cyber risk into financial terms.
CyberSaint's mission is to empower today's organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. The company has successfully become the standard for cyber risk management across the Fortune 500, due to its innovative approach to simplifying and automating complex cyber risk management processes. CyberSaint's CyberStrong platform empowers cybersecurity teams, CISOs, and Boards to assess, measure, remediate, and communicate cyber risk with agility and alignment.
Riverside Software Lending Fund is a 2016 vintage direct lending fund managed by The Riverside Company. The fund targets investments in the software and TMT sectors.
The Lowenstein deal team included Anthony O. Pergola, Bianka V. Barraza, and Chynara Tolubaeva.
