logo
logo

Pentera Announces $150M Series C At $1 Billion Valuation To Disrupt Legacy Vulnerability Management Market

Jan 11, 2022over 3 years ago

Amount Raised

$150 Million

Round Type

series c

Boston

Description

Pentera, the leader in Automated Security Validation (ASV), today announced it has raised $150 million in Series C funding led by K1 Investment Management, with participation from Evolution Equity Partners and Insight Partners. Additional investors include Awz Ventures, a Canadian-Israeli VC group, and Blackstone (NYSE: BX). The round brings Pentera’s valuation to $1 billion after only three years in the market since the debut of its automated penetration testing technology.

Company Information

Company

Pentera

Location

Boston, Massachusetts, United States

About

Pentera is the category leader for Automated Security Validation, allowing every organization to test with ease the integrity of all cybersecurity layers, unfolding true, current security exposures at any moment, at any scale. Thousands of security professionals and service providers around the world use Pentera to guide remediation and close security gaps before they are exploited. For more info, visit: pentera.io.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech