London-based OutThink, a SaaS-based cybersecurity human risk management platform, announced that it has raised $10M in a Seed round of funding.
The round was led by AlbionVC. Additionally, TriplePoint Capital, Forward Partners, Gapminder, and Innovate UK also participated in the round.
The startup wants to tackle the human errors that lay at the heart of 90 percent of security incidents and data breaches.
OutThink says it will utilize the funds to expand its leadership and accelerate international distribution as its solution continues to gain market traction.
Founded in 2019, the cybersecurity human risk management platform claims to discover, understand, and manage human risk in modern companies by changing employee attitudes and behaviors, and fostering risk-aware security cultures.
OutThink was created by a team of CISOs, security experts, and researchers for security professionals aiming to design more effective, usable security and make people their strongest defensive mechanism.
Headquartered in London, the company has a global client base, all of whom are served locally from offices located in Europe, the Middle East, and the Asia Pacific.
Read more on Tech Gist Africa:
UK-based B2B procurement platform YardLink bags €18M
UK’s Virtual Internships gets €14.3 Million in a Series A round of funding