Automated security CyberTech Hadrian receives ABN AMRO backing

Automated security CyberTech Hadrian receives ABN AMRO backing

Hadrian, which offers real-time exposure management and automated security testing, has received an investment from ABN AMRO Ventures.

As part of the investment, ABN AMRO will integrate the Hadrian technology into its platform. The company stated it has formed tens of thousands of digital endpoints as it has grown its digital infrastructure over the years.

Security teams have more expansive and complicated architectures, and attacks have become more advanced and frequent. In order to keep pace with the threats, automation is the only option.

Hadrian’s technology will allow ABN to autonomously map exposed assets, discovers risks, and prioritises remediation.

Speaking on the deal, Hadrian CEO Rogier Fischer said, “From day one, there was a clear match with our product offering and their security challenges.

“This investment showcases that our product is not in alpha anymore and is delivering value to large enterprises. Together with ABN AMRO Ventures, we will achieve our mission, to deliver real-time exposure management to a billion digital assets, significantly earlier.”

ABN AMRO security lead Tiago Teles added, “What’s exciting about what Hadrian is doing is they solved a seemingly impossible puzzle: finding weaknesses in a complex network with human-like detail, at scale, from the outside and continuously.

“What usually takes a dedicated team of security engineers a few weeks to figure out for one system, they can do in minutes for thousands of systems. This revolutionises the way CISOs of companies with complex IT footprints know where to put their money for a fraction of the cost.”

Hadrian previously raised $11m in seed funding in June 2022. The capital injection was headed by HV Capital, and received support from Picus Capital, Slimmer.AI and angel investors.

It raised the capital to hire more staff, including hackers, developers and sales specialists. Funds were also raised to drive scale, consolidate its market presence and prepare for expansion in the US.

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