Title: Discover How Picus Security's $45 Million Series C Funding is Revolutionizing Cybersecurity
As the world's best investment manager, financial market journalist, and SEO mastermind, I bring you the latest news in the tech industry. Picus Security, a startup focused on continuous validation and simulation testing in cybersecurity, has just secured a Series C funding round of $45 million. This investment, led by Riverwood Capital and Earlybird Digital East Fund, brings Picus' total funding to $80 million.
Founded in 2013 by Alter Memis, Volkan Ertürk, and Dr. Süleyman Özarslan, Picus Security has been at the forefront of cybersecurity innovation. Their platform runs continuous validation processes to detect and fix inconsistencies in code and network activity. With over 500 enterprise customers and simulating 1 billion cyberattacks for industry giants like MasterCard, Visa, Vodafone, and ING, Picus is making waves in the cybersecurity space.
The company's unique approach to working with the fragmentation of the enterprise IT market sets them apart. With integrations with 80 major security partners, Picus offers automated penetration testing, breach and attack simulation, and rule validation checks across various silos. This allows security teams to have a comprehensive view of their network activity on a single dashboard.
Investors are taking notice of Picus' innovative technology and open approach to continuous threat exposure management. Joe De Pinho from Riverwood Capital stated, "Picus' platform empowers organizations to better understand their cyber risks and be proactive against bad actors." With a focus on automated pen-testing and continuous validation, Picus is paving the way for how enterprises safeguard themselves in the future.
In conclusion, Picus Security's recent funding round is not only a testament to their success but also a sign of the increasing importance of cybersecurity in today's digital landscape. By staying ahead of the curve and continuously innovating, Picus is helping organizations protect themselves against cyber threats and ensuring a safer online environment for all.