UPDATED 22:50 EDT / OCTOBER 18 2017

resolver INFRA

Resolver acquires RiskVision to expand its enterprise risk management offerings

Enterprise risk management firm Resolver Inc. has acquired Sunnyvale, California-based risk intelligence solutions startup RiskVision Inc. for an undisclosed sum.

Founded in 2005, RiskVision offers an enterprise intelligence platform designed for a “real-time, big data, threat-centric world.” The platform is claimed to deliver the industry’s best usability, scale, automation and time-to-deployment advantages – at a fraction of the cost of traditional solutions. The platform offers capabilities that include threat and vulnerability management, information technology risk, vendor risk and incident management.

RiskVision enters new ownership with an impressive range of customers, including Cisco Systems Inc., Deutsche Bank, Novartis International AG and the U.S. Departments of Defense, Health and Human Services, Justice and Veterans Affairs.

For Resolver, the acquisition will allow it to expand the service and support capabilities offered to customers, including the ability to provide customers 24/7 support given that the combined companies will have support teams and offices located across the globe.

“Organizations are under increasing pressure to contain the risk of data breach,” Resolver Chief Executive Officer Will Anderson said in a statement. “RiskVision’s product capabilities in this arena extend Resolver’s ability to help our customers’ Information Security and Compliance teams.”

It’s not clear how much RiskVision had raised in venture capital prior to its acquisition, but according to its website, investors included Castile Ventures, Intel Capital, Red Rock Ventures and Walden International. Resolver, which said it would make the acquisition using existing resources, has raised over $36 million, with Klass Capital named as its primary investor.

Image: RiskVision

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