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AttackIQ Raises $44 Million in Series C Funding Round

Breach and attack simulation (BAS) solutions provider AttackIQ today announced that it has raised $44 million in a Series C funding round that brings the total raised by the company to approximately $79 million.

Breach and attack simulation (BAS) solutions provider AttackIQ today announced that it has raised $44 million in a Series C funding round that brings the total raised by the company to approximately $79 million.

The funding round was led by Atlantic Bridge, with participation from new investors Saudi Aramco Energy Ventures (SAEV) and Gaingels, as well as existing investors Index Ventures, Khosla Ventures, Salesforce Ventures, and Telstra Ventures.

Founded in 2013, AttackIQ provides customers with BAS solutions that help validate and improve the effectiveness of security programs and ensure that cyberdefenses work as expected.

According to the company, its platform delivers a consistent, safe way to test and validate security controls at scale, in production, across the entire kill chain. The platform provides insights to both technical operators and executives, AttackIQ says.

Prior to closing the new funding round, the company accelerated international expansion efforts in Europe, the Middle East and Africa (EMEA), and the Asia Pacific and Japan (APJ) regions, through a strategic partnership with business technology distributor Westcon.

“This investment reaffirms the strength of AttackIQ’s Security Optimization Platform, which leverages the MITRE ATT&CK framework to help organizations validate the effectiveness of their security controls safely, continuously, at scale, and across the kill chain,” said Brett Galloway, the CEO of AttackIQ.

Related: Netskope Raises $300 Million at $7.5 Billion Valuation

Related: Hewlett Packard Enterprise Buys Zerto for $374 Million

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Related: SASE Provider Versa Networks Raises $84 Million

Related: Salt Security Raises $70 Million in Series C Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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