Pentera Secures $60M at $1B+ Valuation to Advance Automated Security Validation
Pentera raises $60M to expand AI-driven security validation and attack simulations.
Matilda
Pentera Secures $60M at $1B+ Valuation to Advance Automated Security Validation
Strong and smart security operations teams are at the heart of any cybersecurity strategy, and today a startup that builds tooling to help keep them on their toes is announcing some funding on the back of a lot of growth. Pentera — which has built a system that launches simulations of network attacks to stress test software and human response — is announcing $60 million in funding, a Series D that values the Boston-based, Tel Aviv-founded startup at over $1 billion. Image:Yuichiro Chino / Getty Images The funding will be used for M&A and to continue developing its product, CEO Amitai Ratzon said in an interview. Pentera is a play on the term “pen testing”, which is short for penetration testing, programs that have been devised to help drill security teams on potential attack techniques. This is effectively what Pentera has built to an elaborate degree in a product that is officially described as “automated security validation.” “We provide enterprises and governments a technology tha…