Security validation company Picus Security has closed a $45 million growth investment round, bringing the total amount raised by the company to $80 million.
With offices in both Turkey and the United States, the company offers an adversarial exposure validation solution that combines automated penetration testing, breach and attack simulation (BAS), and rule validation capabilities.
Through its open platform, Picus helps security teams validate their security posture by simulating real-world threats to evaluate the effectiveness of security controls, identify high-risk attack paths to critical assets, and optimize threat prevention and detection capabilities.
“The formation of the Adversarial Exposure Validation category stems from the widespread understanding across cybersecurity of a new framework for managing cybersecurity risk in enterprise organizations, Continuous Threat and Exposure Management (CTEM),” Picus said. “CTEM has given rise to a more offensive view of cybersecurity. Many security teams have turned to this framework as a guide to improve their security posture, in recognition that continuous validation of cyber infrastructure, rules and defenses is now essential.”
The growth round was led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund.
Picus says the additional funding will help fuel product innovation and support sales, marketing and customer support.
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