San Francisco cloud security startup ProjectDiscovery has banked $25 million in early-stage financing as investors continue to place bets on vendors in the attack surface management space.
The company said the $25 million Series A funding round was led by CRV, the long-time Silicon Valley venture capital firm. ProjectDiscovery also took on investments from Point72, SignalFire, Rain Capital, Mango Capital, Accel and Lightspeed.
ProjectDiscovery, a company with open-source roots, is building technology to help organizations to manage digital assets in the cloud, find and fix vulnerabilities at scale, and pinpoint and address cloud security misconfigurations.
At its core, the company’s flagship ProjectDiscovery Cloud Platform helps to automate asset discovery and vulnerability scanning to continually detect new elements in an organization’s attack surface.
It includes a suite of open source tools that include the original Nuclei vulnerability scanner to help defenders discover trending and exploitable vulnerabilities across web applications, APIs, cloud environments and third-party applications.
The ProjectDiscovery platform offers tooling for asset management that integrates data from multi-cloud deployments, vulnerability and misconfiguration detections, and direct integration with JIRA and ticketing systems.
The cloud data and attack surface management category is very crowded with multiple late-stage startups jostling to help protect businesses from malicious attacks that increasingly target cloud infrastructure.
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