Bugcrowd Secures $102 Million in Strategic Growth Funding to Scale AI-Powered Crowdsourced Security Platform
SAN FRANCISCO, Feb. 12, 2024 /PRNewswire/ -- Bugcrowd has secured $102 million in strategic growth financing to scale its AI-powered crowdsourced security platform offerings globally. Led by General Catalyst, with participation from longtime existing investors Rally Ventures and Costanoa Ventures, this funding round underscores investor confidence in the company's leadership position in the crowdsourced security market. The additional capital enables Bugcrowd to accelerate growth across EMEA, APAC, and the United States, fund continued innovation into the Bugcrowd Platform, and leverage opportunities for strategic M&A, providing added value to clients, partners, and the hacker community.
- SAN FRANCISCO, Feb. 12, 2024 /PRNewswire/ -- Bugcrowd has secured $102 million in strategic growth financing to scale its AI-powered crowdsourced security platform offerings globally.
- The additional capital enables Bugcrowd to accelerate growth across EMEA, APAC, and the United States, fund continued innovation into the Bugcrowd Platform, and leverage opportunities for strategic M&A, providing added value to clients, partners, and the hacker community.
- Bugcrowd's proactive approach to cybersecurity involves leveraging a crowdsourced AI-powered platform to identify and remediate security vulnerabilities before bad actors can exploit them.
- To learn more about how the Bugcrowd Platform can equip your organization to protect itself from cyber risk, access link here .