Picus Security, the pioneer of Breach and Attack Simulation (BAS) technology, today announced the completion of its $24 million Series B funding round.
The round was led by Turkven, with participation from existing investor, Earlybird Venture Capital, as well as cyber security veteran Nathan Dornbrook.
The round brings Picus' total funding to $33 million and will be used to help accelerate the company's expansion in North America as well as across EMEA and APAC.
Company: Picus Security, Inc.
Raised: $24.0M
Round: Series B
Funding Month: October 2021
Lead Investors: Turkven
Additional Investors: Earlybird Venture Capital and Nathan Dornbrook
Company Website: https://www.picussecurity.com/
Software Category: Security Control Validation Platform
About the Company: Picus Security offers Continuous Security Validation and Mitigation as the most proactive approach to ensure cyber-resilience. The Picus Platform measures the effectiveness of defenses by using emerging threat samples in production environments, providing the insight required to build the right security strategy to better manage complex operations. Picus validates controls at prevention and detection layers, including NGFW, SIEM, and EDR tools, and supplies easy-to-apply, vendor-specific mitigation content that enables security teams to swiftly address threat coverage and visibility gaps. Established in 2013, Picus was recognized by Frost & Sullivan as one of the most innovative vendors in the Breach and Attack Simulation market and is the highest-rated BAS company based on reviews submitted to Gartner Peer Insights. With the support of its channel and managed services partners, Picus's international business has grown 400% since 2019.
Source: https://www.prnewswire.com/news-releases/picus-security-closes-24m-series-b-funding-to-accelerate-north-america-expansion-and-worldwide-growth-301403768.html