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Bugcrowd completes acquisition of Informer to enhance offerings across attack surface management and penetration testing

May 23, 2024about 1 year ago

Acquiring Company

Bugcrowd

Acquired Company

Informer

San FranciscoBrightonComputer and Network Security

Description

Bugcrowd, a leading provider of crowdsourced security, has successfully acquired Informer, a UK-based leading provider of external attack surface management (ASM) and continuous penetration testing. This acquisition widens Bugcrowd's innovation lead in providing crowdsourced security to customers of all sizes and industries, further accelerating its reach and capabilities to customers globally with even more advanced solutions to address their evolving needs for proactive security.

Company Information

Company

Bugcrowd

Location

300 California St, Suite 220

San Francisco, California, United States

About

We are a crowdsourced security company that safeguards organizations' assets from sophisticated threat actors before they can strike—by uniting our customers with trusted hackers via our AI-powered platform to take back control and stay ahead of attackers. Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Partners.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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