MA MasterCard Incorporated

By Josh Beckerman

Mastercard Inc. (MA) has agreed to buy cyber risk management business RiskRecon.

The deal is expected to close in the first quarter of 2020. Terms weren't disclosed.

In August 2018, RiskRecon said it raised $25 million in Series B financing led by Accel, increasing total funding to more than $40 million.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

December 23, 2019 14:59 ET (19:59 GMT)

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