Prevalent is a security firm that manages data risk and has closed on 60 million
dollars in series funding led by insight partner venture which is a private equity and
venture capital firm. It is said that new funding will be used to expand its strategy
all over the globe and for product development. Prevalent networks claim that
more than two lakh vendors use its product to manage their third party risk. It has
two main investors they are Fulcrum equity partners and spring mountain capital.
Prevalent networks had led the way in developing a platform to reduce cost, risk
and to achieve real-time risk visibility to reduce external risk putting pressure on
the business. More than two lakh vendors have being monitored and managed by
prevalent network synapse and organizations can quickly start the third party risk
program gain instant visibility into vendor community. According to prevalent, its
customers realize a trice improvement in the number of third-party assessments
they are able to perform and also reducing the cost of operation in all.
About prevalent networks
Prevalent networks offer compliance and security related consulting, software
and services in the United States. Its sales people are certified fully on the entire
Symantec portfolio and its every engineer hold at least one semantic technical
certification. Prevalent has developed three software and services packages
which are totally based on Symantec solutions and to meet market needs and
demand for compliance, policy management, and endpoint protection. It is mainly
a vendor risk and cyber threat intelligence innovator with a reputation for
developing cutting-edge technologies and very highly automated services that are
proved to assist organizations and reduce monitor and manage security threats
and risks associated with it.