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Bugcrowd Secures $50 Million Growth Capital
Blog post from Bugcrowd
Post Details
Company
Date Published
Author
Dave Gerry
Word Count
370
Company Posts That Month
Language
English
Hacker News Points
-
Post removed?
No
Summary
Silicon Valley Bank (SVB) has provided a $50 million growth capital facility to Bugcrowd, an AI-powered platform for crowdsourced security. The financing will help scale Bugcrowd's platform globally, fund continued innovation into the Bugcrowd Platform, and leverage opportunities for strategic M&A. This investment follows a previous funding round of over $100 million led by General Catalyst in February 2022.
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