Horizon3.ai Raises $8.5M to Disrupt the Cybersecurity Assessments Market
SAN FRANCISCO, June 8, 2021 /PRNewswire/ -- Horizon3.ai , a cybersecurity startup focused on automated penetration testing-as-a-service (APTaaS), today announced $8.5M in funding.
- SAN FRANCISCO, June 8, 2021 /PRNewswire/ -- Horizon3.ai , a cybersecurity startup focused on automated penetration testing-as-a-service (APTaaS), today announced $8.5M in funding.
- Led by SignalFire , the investments enable the company to accelerate its product roadmap and go-to-market strategy.
- The significant growth of the global security testing market, forecasted to reach $27 billion by 2023 with a 20.7% CAGR, reflects the importance organizations place on effectively managing vulnerabilities and their associated risks.
- In fact, reports show less than 2% of identified vulnerabilities are actually exploitable, and less than 0.5% of vulnerabilities get exploited.