London-based Risk Ledger, which helps organizations manage supply chain cyber risks, raised a £24M Series B led by Axiom Equity, taking total funding to £33.8M (Ionut Arghire/SecurityWeek)

Summary

Risk Ledger raised £24 million in Series B funding, bringing total funding to £33.8 million as it expands its collaborative platform for supply-chain cyber risk.

Why it matters

Supply-chain security is still a durable enterprise budget line. Companies will keep paying to reduce vendor and supplier risk because the pain is persistent and the downside is easy to understand.

Founder/operator read

Security businesses win when they map directly to procurement, compliance, or risk-management workflows that already exist. The strongest products make it easier for buyers to evaluate, monitor, and enforce standards.

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