Detectify, a cybersecurity firm founded by Swedish ethical hackers, secured €21.5 million in Series B funding led by Balderton Capital, with support from Paua Ventures, Inventure, and Insight Partners. The investment aims to enhance the company's growth by hiring top talent and expanding its reach, particularly in the US, where it has already established a Boston office and attracted clients like Trello, Spotify, and KING. Detectify's innovative approach combines human expertise from its invite-only Crowdsource network of ethical hackers with machine learning to identify vulnerabilities, which has resulted in the discovery of over 110,000 vulnerabilities in the past eighteen months. The company emphasizes diversity, with 45% of employees being female and team members representing 30 nationalities across its offices. Detectify's founders remain active in ethical hacking, contributing to private bug bounty programs, and are committed to their vision of a safer internet by leveraging collaboration and automation in cybersecurity.