Company
Date Published
Author
Dave Gerry
Word count
461
Language
English
Hacker News points
None

Summary

Taking on the role of CEO at Bugcrowd marked a transformative journey for the company, with an unwavering focus on its core values. The company has successfully secured $102 million in strategic growth financing, led by General Catalyst, to scale up its AI-powered crowdsourced security platform and drive continued innovation. This investment reflects the commitment to proactive cybersecurity and empowers organizations to identify and remediate security vulnerabilities before malicious actors can exploit them. With this funding, Bugcrowd aims to accelerate its growth across EMEA, APAC, and the U.S., both organically and through strategic M&A opportunities. The company's mission to redefine crowdsourced security is underscored by the dedication of its team, hacker community, and customers, who trust in its innovative approach to proactive security. Bugcrowd has achieved remarkable success in the past year, with notable clients like OpenAI, T-Mobile, and ExpressVPN, and its team has grown significantly, contributing to an overall business growth of more than 40% year-over-year. The company looks forward to continued growth, innovation, and collaboration with its stakeholders.