Root Evidence in Collaboration with Ballistic Ventures Pioneers Innovative Vulnerability Management for Cybersecurity
Root Evidence Launches as Cybersecurity Pioneers Tackle Vulnerability Management
In a significant development for the world of cybersecurity, Root Evidence has announced its official launch following a successful seed funding round, securing an impressive $12.5 million. This funding was led by Ballistic Ventures, with participation from Grossman Ventures and other notable investors. The aim is clear: to address one of the most pressing challenges in cybersecurity - effective vulnerability management.
A Team of Veterans Leading the Charge
Leading the team at Root Evidence are recognized figures in cybersecurity: Jeremiah Grossman (CEO), Robert Hansen (CTO), Heather Konold (COO), and Lex Arquette (CPO). These founders, with a wealth of experience and a history of success in multiple startups, envision a shift in how organizations manage vulnerabilities. Previously co-founding companies like WhiteHat Security and Bit Discovery, they've consistently driven innovations that have reshaped the industry's landscape.
With overwhelming challenges plaguing Chief Information Security Officers (CISOs) today, such as a flood of findings and the difficulty of prioritizing genuine threats, Root Evidence was conceived out of necessity. According to Grossman, “Only a small fraction of known vulnerabilities, less than 1%, pose real threats, yet organizations struggle to identify and focus their remediation efforts on these critical areas.”
Overcoming the Vulnerability Management Crisis
CISOs across industries are inundated with alerts about vulnerabilities, yet many express frustration over their inability to decipher which issues will lead to actual breaches. Root Evidence aims to tackle that confusion by providing a clear, evidence-driven approach to cybersecurity. The company's philosophy hinges on