HomeUSAPicus Security Raises $45M in Funding

Picus Security Raises $45M in Funding

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Picus Security

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

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