Summary: Picus Security, a security validation company based in San Francisco, has secured $45 million in funding, bringing its total to $80 million. The funds will be used to enhance product innovation and expand sales and marketing efforts.
Threat Actor: Picus Security | Picus Security
Victim: N/A | Picus Security
Key Point :
- Picus Security raised $45M to enhance its security validation solutions.
- The funding round was led by Riverwood Capital with participation from Earlybird Digital East Fund.
- The company aims to improve product innovation and expand its customer success initiatives.
- Picus offers a platform that combines Automated Penetration Testing, Breach and Attack Simulation, and Rule Validation.
- Over 500 enterprise customers are currently using Picus Security’s solutions globally.
Picus Security, a San Francisco, CA-based security validation company, raised $45M in funding.
The round, which brought total funds raised to $80M, was led by Riverwood Capital with participation of existing investor Earlybird Digital East Fund.
The company intends to use the funds to advance product innovation and expand customer success, sales, and marketing efforts.
Led by CEO Alper Memis, Picus Security is a security validation company that gives organizations a clear picture of their cyber risk based on business context by correlating, prioritizing, and validating exposures across siloed findings so teams can focus on critical gaps and high-impact fixes. Picus’ Adversarial Exposure Validation solution brings together Automated Penetration Testing, Breach and Attack Simulation (BAS), and Rule Validation capabilities in an open platform. By correlating once siloed exposure data, Picus makes it simple for cybersecurity teams to prioritize, validate and fix critical gaps.
The company has over 500 enterprise customers worldwide today.
FinSMEs
19/09/2024
Source: https://www.finsmes.com/2024/09/picus-security-raises-45m-in-funding.html