NetSPI, a Minneapolis cybersecurity firm, raises $90 million from new investors It s the second large round of outside investment raised by NetSPI, a provider of cybersecurity services and tests for businesses and institutions. May 12, 2021 4:44pm Text size Copy shortlink:
NetSPI, which works with companies to thwart cyberattacks, has raised $90 million in minority investments from KKR and Ten Eleven Ventures.
The new infusion of capital will help the 225-employee software firm develop and improve products, add clients and hire more people, NetSPI CEO Aaron Shilts said in an interview Wednesday.
NetSPI, based in downtown Minneapolis, has grown year-over-year revenue by 50% so far compared with 2020. Shilts expects to finish the year with about $50 million in 2021 sales.
MINNEAPOLIS, Feb. 9, 2021 /PRNewswire/ NetSPI, the leader in enterprise penetration testing and attack surface management, today relaunched Red Team Toolkit, a sophisticated suite of penetration testing and adversary
NetSPI Celebrates 35% Organic Revenue Growth in 2020
Following a successful year, NetSPI promotes Aaron Shilts to CEO while co-founder Deke George assumes a new role on the Board of Directors.
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MINNEAPOLIS, Jan. 26, 2021 /PRNewswire/ NetSPI, the leader in enterprise security testing and vulnerability management, achieved 35% organic revenue growth in fiscal year 2020, added over 150 new clients, and expanded its team to more than 200 employees. NetSPI s Penetration Testing as a Service (PTaaS) delivery model, core service expansion, and Silent Break Security acquisition all contributed to its strong growth. Since 2017, NetSPI has tripled its topline revenue while remaining profitable.