Detectify Raises $10 Million in Funding  

by Kay Aloha Villamor October 3rd, 2022

Detectify, a Stockholm-based company that offers a SaaS-based tool for security analysis of web applications, announced that it raised $10 million in a follow-on round of funding led by Insight Partners.

To raise the bar for external attack surface management, Detectify will use the funds to improve its vulnerability assessments and speed up the adoption of its platform for surface monitoring and application scanning.

Rickard Carlsson, Co-founder, and CEO of Detectify, said, “Funding for tech companies is facing a level of uncertainty not seen in more than a decade. The investment from Insight Partners is a clear indicator of our hyper growth trajectory and the criticality of our platform functionality in allowing product security and AppSec teams to go hack themselves.”

Detectify’s new capabilities include custom policies for Surface Monitoring customers. With Detectify’s new custom policies, teams may tailor rules based on particular processes and internal regulations and concentrate on remediation that matters. These custom policies use an “if-then” structure.

Company: Detectify AB

Raised: $10.0M

Round: Follow-on round

Funding Month: September 2022

Lead Investors: Insight Partners

Additional Investors: 

Company Website: https://detectify.com/

Software Category: External Attack Surface Management (EASM) solution

About the Company: Founded in 2013 by Fredrik Nordberg Almroth and Rickard Carlsson, Detectify offers cloud-based external attack surface management products that streamline asset discovery and vulnerability assessment to security and product development teams. The platform automates continuous real-world, payload-based attacks crowdsourced through its ethical hacking community, demonstrating to security teams exactly how attackers would use the external attack surface. Detectify is available on the global market, except in U.S and EU/UN sanctioned countries. Detectify is trusted by 1900+ security-conscious companies, including popular app-makers Spotify, King, Trello, and Grammarly.


Source: https://siliconcanals.com/crowdfunding/detectify-secures-10-2m/




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