Sepio announces series B funding, supporting growth in expanding its sales organizations and allocating resources toward the product roadmap

Sepio, the innovator of the physical layer-based asset risk management solution, announced a new series B round of funding.

U.S. Venture Partners spearheads a new round of funding, joined by Citi Ventures, Bess Ventures, Stanford University, World Trade Ventures and market leaders, including Slavik Markovich and Intercontinental Exchange’s CIO Mark Wassersug

ROCKVILLE, Md., Oct. 25, 2022 /PRNewswire/ — Sepio, the innovator of the physical layer-based asset risk management solution, ensuring customers can see, assess and mitigate the risk of all known and shadow IT assets at any scale, today announced a new series B round of funding. The round, led by U.S. Venture Partners (USVP), will support the growing company’s sales organizations needed to address an exceeding demand from tier-1 enterprises for Sepio’s solutions. It will also go toward allocating resources for Sepio’s future product roadmap.

Sepio’s Chairman Lane Bess, a renowned entrepreneur who made headlines for his trip to space aboard Jeff Bezos’s Blue Origin’s New Shepard, contributed to this round through his foundation Bess Ventures. Other investors included Citi Ventures, Stanford University, World Trade Ventures and market leaders including Slavik Markovich and Intercontinental Exchange’s CIO Mark Wassersug.