The cybersecurity rating provider’s total funding rose to over $400m following a Moody’s investment reportedly valuing it at $2.4bn.

US-based cybersecurity ratings company BitSight received a $250m capital injection from credit rating provider Moody’s yesterday through a strategic partnership agreement, valuing it at $2.4bn according to TechCrunch. BitSight provides companies with ratings of between 250 and 900 to assess their cybersecurity risk, a service likely to rise in demand amid the backdrop of escalating…

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