Risk-based vulnerability management platform Hackuity this week emerged from stealth mode with a €12 million (roughly $13.2 million) investment.
The Series A funding round was led by Sonae IM and received participation from previous investor Caisse des Dépôts. To date, the company has raised $17.2 million.
Founded in 2018, the Lyon, France-based Hackuity is focused on helping cybersecurity teams identify, prioritize, and resolve vulnerabilities before threat actors start exploiting them.
The company’s approach to vulnerability management relies on aggregating all third-party exposure data of its customers into a single place, so as to provide them with a full picture of their security posture.
Hackuity leverages machine learning and advanced analytics to help with remediation, prioritization, and orchestration across a customer’s environment, including infrastructure, development lifecycle, and applications.
Since 2018, the company has added dozens of customers and expanded internationally, with offices in Paris and Singapore.
Hackuity plans to invest in its go-to-market strategy, reinforcing its engineering team, maintaining a fast development rate, and further developing its buyer and user communities.