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Vulnerability Remediation Platform Vicarius Raises $24 Million

Vulnerability remediation platform Vicarius today announced it has raised $24 million in a Series A funding round led by AllegisCyber Capital, AlleyCorp, and JVP.

The New York-based company’s cloud-first, integrated platform – called Topia – helps organizations identify, prioritize and address software vulnerabilities before hackers can exploit them.

Vicarius claims its end-to-end solution can help bring together security and IT teams within an organization, to streamline the vulnerability management process, from discovery to remediation.

Topia also provides machine-generated data prioritization to help organizations immediately address emerging threats, and analyzes both proprietary and third-party applications within the organization’s environment to identify unknown vulnerabilities, the company says.

Executives from Exabeam, Okta, and SecurityScorecard also participated in the new funding round, which will allow Vicarius to expand its engineering operations, sales, and support teams.

“By consolidating down the vulnerability remediation process to one platform and eliminating the complexity associated with siloed products and closed communication channels, we are bringing security and IT teams together under one roof to take action and reduce risk,” Vicarius CEO Michael Assraf said.

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