AttackIQ, a cybersecurity start-up that provides companies with breach and attack simulation solutions, has actually raised $44 million in Series C funding as it wants to ramp up its international expansion.
The funding round was led by Atlantic Bridge, Saudi Aramco Energy Ventures (SAEV) and Gaingels, with existing suppliers– including Index Ventures, Khosla Ventures, Salesforce Ventures and Telstra Ventures– likewise participating.The round brings the business’s overall funding raised to date to $79 million.
AttackIQ was established in 2013 and is based out of San Diego, California. It supplies an automated recognition platform that runs scenarios to discover any spaces in a company’s defenses, allowing companies to test and determine the effectiveness of their security posture and get assistance on how to fix what’s broken. Broadly, AttackIQ’s platform assists a company’s security groups prepare for, prepare and hunt for risks that may impact their business, before hackers arrive first.
Its Security Optimization Platform platform, which supports Windows, Linux and macOS throughout public, on-premises and private cloud environments, is based on the MITRE ATT&CK structure, a curated knowledge base of known adversary dangers, methods and methods. This is utilized by a number of cybersecurity companies also building constant validation services, including FireEye, Palo Alto Networks and Cymulate.
AttackIQ says this latest round of funding, which comes more than two years after its last, arrives at a “vibrant time” for the company. Not just has cybersecurity become more of a priority for organizations as an outcome of a major uptick in both ransomware and supply-chain attacks, the business also recently accelerated its international expansion efforts through a partnership with innovation supplier Westcon.
The start-up says it’s preparing to utilize these brand-new funds to additional expand globally through its newfound partnership with Atlantic Bridge, which will likewise see Kevin Dillon
, the company’s co-founder and handling director, join the AttackIQ board of directors. “AttackIQ has established itself as a category leader with a powerful enterprise client base that consists of four of the Fortune 20,” stated Dillon. “We believe deeply in the business’s vision and capacity to end up being the next billion-dollar cybersecurity software application business and anticipate assisting the company turn early traction in Europe and the Middle East into robust, long-lasting expansion.”
Brett Galloway, CEO of AttackIQ, said the round “reaffirms the strength” of its platform.
As enabling organizations to examine the robustness of their security defenses, the startup also runs the AttackIQ Academy, which offers totally free entry-level and advanced cybersecurity training. It has collected 17,200 registered trainees to date throughout 176 countries.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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