Tessian, London cybersecurity startup bags £46M to solve new-age digital security challenges

London-based Tessian, a cybersecurity company that uses machine learning to automatically predict and eliminate advanced threats on email caused by human error, has bagged $65 million (nearly £46 million) in a Series C funding round.

The investment round was led by March Capital, a VC firm that had backed cybersecurity unicorns – CrowdStrike and KnowBe4. Also, existing investors, including Accel, Latitude, Balderton Capital, and Sequoia Capital participated in this round alongside new investor Schroder Adveq. With this, the total investment in Tessian is now $120 million (nearly £85 million) and its valuation is now $500 million (nearly £353 million).

Tessian wants to use the investment to accelerate its mission of quantifying and preventing human risk in global enterprises and empowering people to do their best work without security getting in the way. The company will expand its platform’s capabilities, helping companies replace their secure email gateways and legacy data loss prevention solutions, and will soon expand beyond email to secure other interfaces like messaging, web, and collaboration platforms. Also, Tessian eyes to triple its rapidly growing employee base with a specific focus on its sales team in North America.

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