Drawbridge Receives Significant Growth Investment from Long Ridge

March 11, 2021
Long Ridge is pleased to announce a minority growth capital investment in Drawbridge. The company is a premier provider of cybersecurity software and solutions to the alternative investment industry.
Our investment in Drawbridge arose from our deep experience and conviction around compliance and cyber risk management solutions. This investment follows prior successful partnerships with ProcessUnity, Ripjar, Browz, and Avetta, Long Ridge believes that there is an increasing need for organizations to navigate the evolving regulatory and threat landscape, manage governance, risk and compliance (GRC) requirements, and combat sophisticated cyber threats.
Founded in 2018, Drawbridge’s solution helps alternative investment managers and their portfolio companies address their growing cybersecurity needs by centralizing the management of a comprehensive cybersecurity program. This investment follows a period of significant growth for the Company. Over 300 funds in the alternative investment industry with more than $800 billion in assets under management work with Drawbridge to build and maintain their cybersecurity programs.
We look forward to partnering with Jason Elmer, Founder and CEO, and the rest of the Drawbridge team as the Company expands their global reach, accelerates product innovation, and continues to grow their client base.
In connection with the investment, Kevin Bhatt and Jason Melton will join the Drawbridge Board of Directors.
For additional information, please read more here.