July 2023, London: IriusRisk, the global leader in automated threat modeling and secure software design, has today announced that it will be expanding its executive leadership team with the appointment of Mark Watson as Chief Commercial-Strategy Officer (CCSO).
Mark joins at an important moment for IriusRisk as the firm seeks to capitalize on a strong period of customer growth and a $29 million Series B funding round. Based in London, Mark will report to IriusRisk co-founder and CEO, Stephen de Vries, and take a lead in further accelerating the business’ growth as IriusRisk expands its presence in new markets, especially the US and Asia Pacific.
Stephen de Vries, CEO of IriusRisk said, "IriusRisk is on a fast growth trajectory and we are delighted to have Mark join the team. His expertise, experience, and ability to help develop and hone people around clear commercial objectives, will allow us to meet increased demand for secure software design as the market continues to grow."
Mark, who has over 30 years of experience working in technology, sales, and marketing, has a track record of accelerating the growth of scale-up businesses. Before joining IriusRisk, Mark has helped drive multiple growth curves across companies with deep technology, as well as being instrumental in raising investment rounds and undergoing a NASDAQ float.
Mark Watson commented: “I am delighted to be joining the IriusRisk team and eager to get started, working across both strategy and operational execution. IriusRisk recently raised a $29m Series B round to meet a growing demand for its threat modeling software, during a challenging time for the tech sector and a downturn in the investment landscape. I am excited to help the company reach new heights as secure software design and threat modeling transition to becoming a must-have for all software businesses.” Mark Watson
IriusRisk is the industry leader in automated threat modeling and secure software design, working with clients that include four of the top 10 Globally Systemically Important Banks (G-SIBs).
Every sector of the global economy is being transformed by software, yet vulnerabilities are too often exposed by increasingly sophisticated cyber-attacks. By identifying security flaws in software architecture at the design phase, threat modeling makes it possible to fix issues before code is written.
IriusRisk’s platform automates the threat modeling process, enabling developers to design and build secure software. At scale.