Following our Series C fundraise in May 2021, we are delighted to announce that we have received strategic investment from Okta Ventures, Citi Ventures and Sozo Ventures as part of a Series C extension.
With the additional funding, we are accelerating our journey to achieve our mission of mitigating and preventing human risk in the enterprise, and empowering people to do their best work without security getting in the way.
Human error is the leading cause of data breaches in organizations today. This is because cybersecurity software has typically focused on the machine layer of a company and not the people – the gatekeepers to the most sensitive systems and data in an organization.
The so-called ‘people problem’ in security has been exacerbated as businesses move to a remote or hybrid way of working, in the wake of the Covid-19 pandemic. To overcome this, Tessian has pioneered a new approach to cybersecurity and defined a new category of security software called Human Layer Security.
Ultimately, we want help companies replace their secure email gateways and legacy data loss prevention solutions. This means we will expand our platform’s capabilities beyond email, securing other interfaces like messaging, web and collaboration platforms from incidents of human error.
“The biggest threat to enterprise security today is people’s identities and behaviors.”
On the investment, Austin Arensberg, Director at Okta Ventures said, “The biggest threat to enterprise security today is people’s identities and behaviors.
“With more people working remotely, it’s never been more important for companies to know who their most high risk employees are, the threats they pose to company security, and how to keep them safe – without disrupting their workflow. We saw a huge opportunity with Tessian; by securing the human layer, businesses can stop threats and keep operations running.”
Our CEO and co-founder Tim Sadler also added, “For too long, cybersecurity software has focused on securing technology and neglected the security of the people who run the organization.
“It just takes one wrong decision, or one instance of human error, for an employee to cause a catastrophic security breach – and businesses are starting to realize that they now must do something to stop this. With backing from best-in-class investors and executives from some of the world’s most innovative security companies, we are truly on our way to fulfilling our mission of securing the human layer and helping businesses overcome one of the biggest threats to enterprise security.”
As with every fundraise, this is just the beginning. It takes a village and we’re only just getting started. If you know anyone looking to take the next step in their career and to join a company solving the biggest problem in enterprise security today, please get in touch, we are hiring! 🚀