As the tech world continues to grapple with how best to deal with the growing issue of malicious hacking and other security breaches, a startup that has developed a ratings system to track how well businesses are faring has raised a large growth round to expand its business. BitSight, which provides an ongoing, changing “risk security posture” of some 1,200 organizations, has raised $60 million in a Series D round led by Warburg Pincus, funding that it will use to expand its risk management solutions — specifically in areas like analytics — and overall business development.
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