Cobalt.io gets $29M Series B to continue building out pentesting platform

Cobalt.io gets $29M Series B to continue building out pentesting platform

The promise of SaaS has constantly been about taking tiresome, pricey manual tasks and discovering a way to develop a platform to automate them. Cobalt.io is doing that with pentesting, the procedure of testing an application for security vulnerabilities prior to it heads out the door. Today, the startup announced a $29 million Series B led […]
The business’s platform offers a way to move beyond standard pentesting consultancies to link pentesting experts with companies who need their services. Cobalt CEO Jacob Hansen says the business started fundraising at the beginning of the year, simply as the pandemic was starting to take hold in Europe. As an example, a company with 4 applications may purchase eight credits to test twice a year. Hansen likewise hopes to build numerous more combinations into the platform with the broader applications security environment. …