Detectify, a Stockholm, Sweden-based provider of an attack surface management platform for AppSec teams empowered by ethical hackers, received a majority investment from Insight Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate product innovation, with a focus on delivering a new approach to application security testing for growing attack surfaces.
Led by CEO Rickard Carlsson, Detectify improves advanced application security testing, using a combination of light and deep scanning to provide comprehensive attack surface coverage. Application security teams use it to expose how attackers will exploit their Internet-facing applications. The platform automates continuous real-world, payload-based attacks crowdsourced through its global community of elite ethical hackers.
With this transaction, Insight Partners reinforced its support for Detectify’s vision, building upon its participation in previous funding rounds, including Series A, Series B, and follow-on funding.
FinSMEs
28/10/2024