AAA ReversingLabs secures $56m in series B round

ReversingLabs secures $56m in series B round

ReversingLabs, a US-based file analysis and cybersecurity technology provider backed by financial services firm JPMorgan Chase, has raised $56m in series B funding.

Private equity firm Crosspoint Capital Partners led the round, with contributions from venture capital firm ForgePoint Capital and Prelude, a venture fund managed by growth equity firm Mercato Partners.

Founded in 2009, ReversingLabs has developed cybersecurity technology that analyses complex file and binary-based threats built to evade traditional security solutions, and helps companies protect their software supply chains from cyberattacks.

The company’s hybrid-cloud Titanium Platform facilitates digital business resiliency and protects against architecture exposures as well as automating manual [system-on-chip] processes.

The funding will be used to scale ReversingLabs’ sales and marketing capabilities and support expansion in the software integrity space. It had secured $25m in a 2017 series A round co-led by JPMorgan Chase and venture capital firm Trident Capital Cybersecurity.