NEW YORK – A team of lawyers at Pillsbury advised SecurityScorecard, the global leader in security ratings, in the completion of a $180 million Series E preferred stock financing round with participation by new investors including Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Inc., Kayne Anderson Rudnick, and Fitch Ventures, as well as existing investors Evolution Equity Partners, Accomplice, Riverwood Capital, Intel Capital, NGP Capital, AXA Venture Partners, GV (Google Ventures), and Boldstart Ventures. This round brings SecurityScorecard's total funding to more than $290 million.

SecurityScorecard offers the market leading platform for security ratings and is utilized globally by thousands of companies including seven of the top 10 pharmaceutical companies, four of the top payment processors and more than 10 of the world's top insurance companies. The company's strong growth has been accompanied by expanding use cases across vendor risk management, self-monitoring, board reporting, cybersecurity insurance underwriting, and M&A due diligence.

The funding will accelerate SecurityScorecard's rapid global expansion and growth, supporting the high demand for SecurityScorecard's security ratings platform, which has increased in the aftermath of several significant supply chain attacks and corresponding increased regulatory attention on cyber oversight of suppliers.

Pillsbury team included the head of the firm’s emerging companies practice, as well as Michael Flynn, Ted Powers, Jessica Lutrin, Nora Burke, Taylor O'Toole, David Rand and Juan Pablo Cordon.