Case Study: RiskSense

RiskSense came to existence in May 2015.  The company was initially called CAaNES LLC, and is a spin-off of the New Mexico Institute of Mining and Technology in 2006. Over the years, RiskSense realized that their findings and expertise could serve a broader set of customers and the SaaS platform was launched in 2012.

About the Company

• Pioneer and market leader in pro-active cyber risk management.
• RiskSense enables enterprises and governments to reveal cyber risk, quickly orchestrate remediation, and monitor the results.
• The RiskSense Platform transforms cyber risk management into a more proactive, collaborative, and real-time discipline across a growing attack surface.
• Counting more than 150 enterprises and government organizations to their client base, varying in both size and industry.
• Offices in Albuquerque, Silicon Valley, and sales offices across the country.
• Approximately 100 employees nationwide.
• Raised its Series A financing in the beginning of 2017 with five total investors: CenturyLink, EPIC Ventures, Jump Capital, Paladin Capital Group, and Sun Mountain Capital.

In New Mexico

• 76 employees in Albuquerque
• Positions include software engineering, software developer, cyber security analysts, accounting, human resources, customer success and sales.

Economic Development Toolbox

• In 2015, LEDA funding of $100,000 for an expansion.
• To-date, RiskSense and its predecessor company have been reimbursed $717,702 through the Job Training Incentive Program.  This represents upward of 60 positions.
  
  
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