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Investors Pump $90 Million Into Pentesting Firm NetSPI

By SecurityWeek News on May 14, 2021
Private equity giant KKR leads investment to fuel growth of enterprise penetration testing firm
NetSPI, a provider of enterprise penetration tools and services, has raised $90 million in growth funding led by private equity giant KKR, with participation from Ten Eleven Ventures.
NetSPI offers a cloud-based delivery model that allows customers to perform always-on continuous testing to monitor their attack surface and execute attack scenarios based on real-world attacker tactics, either as a single attack technique or a full attack chain using one pre-built playbooks.
The Minneapolis-based company says the funding will be used to expand its employee base, support product innovation, and fuel global growth. ....

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Cymulate Raises $45 Million to Grow Its Attack Simulation Platform

By Mike Lennon on May 05, 2021
Israeli cybersecurity testing firm Cymulate announced today that it has raised $45 million through a Series C funding round.
The Series C round was led by One Peak, with participation from existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.
Cymulate has raised $71 million to date, including a $15 million Series B round in November 2019, and a $3 million Series A round in March 2017.
Founded by
Eyal Wachsman and
Avihai Bar Yosef, the company offers a cloud-based security validation platform that helps organizations test their security controls by running thousands of attack simulations, shows points of exposure, and provides remediation guidance. The platform can assess the security of various systems, such as email, Windows Domain Network configurations, web servers, web traffic, and more. ....

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