Detectify, a Stockholm, Sweden-based provider of attack surface management platforms for ethical hacker AppSec teams, has received a majority investment from Insight Partners.
The transaction amount was not disclosed.
The company plans to use the funding to accelerate product innovation, with a focus on delivering new approaches to application security testing against an expanding attack surface.
Led by CEO Rickard Carlsson, Detectify improves advanced application security testing by combining light and deep scanning to cover a comprehensive attack surface. Application security teams use it to uncover how attackers exploit Internet-facing applications. The platform automates continuous real-world payload-based attacks that are crowdsourced through a global community of elite ethical hackers.
With this transaction, Insight Partners strengthens its support for Detectify’s vision, building on its participation in previous funding rounds, including Series A, Series B, and follow-on funding.
financial small business
2024/10/28