On December 10, 2019, Cyber Global Risk Exchange, Inc. closed the transaction. The round was led by new investor ICONIQ Capital, LLC. The transaction also included participation from returning investors AllegisCyber Capital, Bessemer Venture Partners, The Blackstone Group Inc. (NYSE:BX), ClearSky Data, Inc., GV, MassMutual Ventures LLC, Scale Venture Partners, Ten Eleven Ventures and three other investors. As a part of transaction Doug Pepper of ICONIQ Capital, LLC will join company board of directors. The company has raised $100,000,000 in equity funding till date.