# Safe Security: Computer & network security, Palo Alto, United States

> Safe Security: Safe Security is a cybersecurity firm that specializes in cyber risk quantification and management. Based in Palo Alto, United States.

Source: https://millionrounds.com/startup/safe-security (Millionrounds; every figure on the page links to its filing or article)

United States · [Computer & network security startup](https://millionrounds.com/companies)

# Safe Security

Safe Security is a cybersecurity firm that specializes in cyber risk quantification and management.

Funding reported Last round: Series B

Computer & network security Palo Alto, United States

Company summary

- **Founded:** 2012 14 years old
- **Team:** 1,300 1,000+ people
- **Funding reported:** $99M in dollars
- **Last round:** Series B Apr 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Safe Security has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Safe Security

Safe Security is a cybersecurity firm that specializes in cyber risk quantification and management.

Founded in 2012 by alumni of the Indian Institute of Technology (IIT) Bombay, the company is headquartered in Palo Alto, California, with additional offices in Bengaluru, Delhi, Santa Clara, and New York. Originally known as Lucideus, Safe Security has established itself in the B2B SaaS market, offering an API-first, machine learning-enabled platform that helps enterprises measure, manage, and mitigate cyber risks in real time. The cornerstone of Safe Security's offerings is the SAFE Platform, which quantifies cyber risk, predicts data breaches, and provides actionable insights for security investments. The platform integrates seamlessly with existing security tools and includes features for third-party risk management and executive reporting. Safe Security serves a diverse clientele, including over 200 global customers, many of which are Fortune 500 companies. The company is backed by notable investors and has raised approximately $381 million in funding, reflecting its strong market presence and commitment to building a safer digital future.

## What company datasets say Safe Security raised

Funding, as reported

Reported in all **$99M** in dollars

Rounds **7**

Last round **Series B**

Last round size **$70M**

Last round date **Apr 2023**

Investors listed **23**

## Founders and team

From Safe Security's own website: 3 founders, 12 on the team.

**Saket Modi** Co-Founder & CEO

**Rahul Tyagi** Co-Founder & ASEAN Marketing Lead

**Vidit Baxi** Co-Founder & CISO

- **Hitesh Sethi** Vice President, Engineering
- **Chuck Miller** Chief Information Security Officer
- **Daryle Burt** Chief Revenue Officer
- **Naman Gupta** Chief Finance Controller
- **Saket Bajoria** Chief Product Officer
- **Sri Shivananda** Svp & CTO
- **Tushar Bansal** Chief Customer Officer
- **Yvette Kanouff** Partner & CTO
- **Harsha Reddy** Head of IT Security
- **Douglas Hubbard** Owner · Hubbard Decision Research
- **Erica Eager** Senior Director of Cyber Risk Quantification
- **John Noble** Non Executive Director

## On 4 portfolio pages

Investors who name them

- [Telstra Ventures](https://millionrounds.com/fund/telstra-ventures)
- [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures)
- [Caplin Ventures](https://millionrounds.com/fund/caplin-ventures)
- [JC2 Ventures](https://millionrounds.com/fund/jc2-ventures)

Each firm lists Safe Security on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

health care risk quantification risk mitigation strategies third party risk management cyber risk impact analysis risk planning and justification holistic cyber risk strategies tprm platform continuous controls monitoring mitre att&ck framework cyber risk benchmarking cybersecurity ai governance model for data protection compliance reporting information technology & services cyber risk quantification

Built with from their website

GitHub Actions ServiceNow Adobe Marketo Engage Docker Google Tag Manager AWS Trusted Advisor Atlassian LlamaIndex Maker Google Ads

+8 more

Google Workspace CloudFlare Gem Snyk Code CSS OpenCTI Apache Iceberg CrowdStrike Falcon

- **Sector:** Computer & network security
- **Industry code:** NAICS 54151, 51321, SIC 7374
- **Region:** California
- **Revenue:** $73M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/safe-security)

## Computer & network security in United States

Startups like it

- [**Keyfactor** Independence · founded 2001 *Raised*](https://millionrounds.com/company/keyfactor)
- [**ReliaQuest** Tampa · founded 2007 *Raised*](https://millionrounds.com/company/reliaquest)
- [**Chainguard** Kirkland · founded 2021 *Raised*](https://millionrounds.com/company/chainguard)
- [**Tanium** Kirkland · founded 2007 *Raised*](https://millionrounds.com/company/tanium)
- [**Exaforce** San Jose · founded 2023 *Raised*](https://millionrounds.com/company/exaforce)
- [**ThreatLocker** Orlando · founded 2017 *Raised*](https://millionrounds.com/company/threatlocker)
- [**Illumio** Sunnyvale · founded 2013 *Raised*](https://millionrounds.com/company/illumio)
- [**Exabeam** Broomfield · founded 2013 *Raised*](https://millionrounds.com/company/exabeam)

## Is this your company?

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