Skip to Main Content
12/18/2019

CyberGRX Closes $40 Million Financing Transaction to Continue Advancements in Cyber Risk Management

Holland & Hart represented Denver-based CyberGRX, a provider of the world’s first and largest global cyber risk exchange, in its growth investment of $40 million in Series D funding led by ICONIQ Capital, and also included participation from existing investors AllegisCyber, Bessemer Venture Partners, The Blackstone Group, ClearSky, GV, MassMutual Ventures, Scale Venture Partners, and TenEleven Ventures.

With this funding round, CyberGRX plans to continue advancing its innovative and proven approach to reducing third-party cyber risk and it will help enable the company to meet increasing demand, including expanding internationally and driving innovative product development.

Holland & Hart’s venture capital and private equity team advised CyberGRX on the transaction, led by Sam Edwards, with assistance from Paige Coriden and Sara Shelly. Holland & Hart’s full client team for CyberGRX is led by Michelle King and provides a range of legal advice to the company regarding corporate and securities, trademark, commercial and IP contracts, tax, and other legal matters.

For more information, please see CyberGRX’s press release.

DISCLAIMER

Unless you are a current client of Holland & Hart LLP, please do not send any confidential information by email. If you are not a current client and send an email to an individual at Holland & Hart LLP, you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us, unless we have already agreed to represent you or we later agree to do so. Thus, we may represent a party adverse to you, even if the information you submit to us could be used against you in a matter, and even if you submitted it in a good faith effort to retain us.