Black Kite (previously known as Normshield) is a cybersecurity company that specializes in providing comprehensive risk assessment and vulnerability management solutions. The company offers a third-party cyber risk monitoring platform that analyzes the cybersecurity posture of companies from three critical dimensions: technical, financial, and compliance. This enables its users to manage risk associated with third-party vendors through risk quantification, technical cyber rating, and compliance correlations.
As of October 2023, the company claimed that its platform provided visibility into over 34 million companies, with 20+ risk categories and 290 controls, providing its users with insights into data breaches, ransomware attacks, geopolitical incidents, and software vulnerabilities of vendors.
Key customers and partnerships
As of September 2023, the company had a customer base in excess of 1,500 from industries such as financial services, manufacturing, healthcare, retail, and technology.
In November 2022, the company partnered with Aravo to incorporate the company’s platform into Aravo's Cyber Risk and InfoSec application to enable organizations to improve their cybersecurity defenses through a comprehensive security risk rating of their third parties.
Funding and financials
In October 2021, the company raised USD 22 million in a Series B funding round led by Volition Capital. The round also saw the participation of existing investors Moore Strategic Ventures, LLC (MSV), Glasswing Ventures, and Data Point Capital.
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