ZeroRisk Raises $10 Million to Expand Cybersecurity Platform

Cybersecurity firm ZeroRisk announced it has raised $10 million in a recent funding round. The investment aims to fuel the company's growth and market penetration.

The funds will be allocated towards accelerating ZeroRisk's global expansion initiatives and enhancing its product development pipeline. A key objective is also to speed up the integration of the ZeroRisk platform with major payment processors.

ZeroRisk operates within the emerging space of risk orchestration in the payment processing market. The company's platform is designed to help merchants manage cybersecurity risks associated with transactions.

While specific details regarding the investors or the timeline for new product features were not disclosed, the funding positions ZeroRisk to strengthen its competitive standing in the cybersecurity sector.