Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Attack Surface Management Startup WatchTowr Raises $19 Million

Continuous automated red teaming platform provider WatchTowr has raised $19 million in a Series A funding round. 

WatchTowr, a Singapore-based company that provides external attack surface management through a continuous automated red teaming platform, on Thursday announced raising $19 million in a Series A funding round.

The investment, which brings the total raised by the company to $29 million, was led by Peak XV (formerly Sequoia India & Southeast Asia), with participation from Prosus Ventures and Cercano Management. 

Chris Merritt, operating partner at Peak XV and former president of field operations and CRO at Cloudflare, has joined WatchTowr’s board of directors.

WatchTowr said it will use the funds to expand its research, engineering, and go-to-market teams, and to accelerate its global growth. 

The company has developed a platform that simulates attackers in an effort to help organizations rapidly respond to emerging techniques and threats. 

The platform also builds a real-time attacker’s view of the customer’s environment, continuously identifying and validating exploitable vulnerabilities before they can be leveraged by threat actors.

Advertisement. Scroll to continue reading.

WatchTowr has also analyzed known vulnerabilities and has found new security issues that could have significant impact. 

Related: Human Security Banks Another $50M in Growth Funding

Related: Hydden Raises $4.4M in Seed Funding for Identity Security Platform

Related: Kubernetes Container Isolation Startup Edera Raises $5 Million

Related: Software Security Firm RunSafe Raises $12 Million in Series B Funding

Written By

Eduard Kovacs (@EduardKovacs) is senior managing editor at SecurityWeek. He worked as a high school IT teacher before starting a career in journalism in 2011. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this live webinar as we explore if detection-first security operations can keep pace with AI, or if it’s time to rethink prevention as the strongest default.

Register

CodeSecCon bridges the gap between dev and security. Discover best practices for secure coding, innovative risk-reduction tools, and safe AI integration to cultivate a true DevSecOps culture. Safely secure your apps!

Register

People on the Move

PNC Financial Services Group has appointed Christian Winward as CISO.

Brian Gumbel has joined Armadin as Chief Revenue Officer.

EigenQ has appointed Mark Pecen as Vice Chairman and Alexander Truskovsky as CISO.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.