Inspectiv, a vulnerability detection platform, has closed its Series A round on $16m.
StepStone Group served as the lead investor, with contributions also coming from Fika Ventures, Freestyle and Mucker Capital.
Funds have been earmarked for enhancing the AI technology, growing the global network of security researchers and more.
Inspectiv is a vulnerability detection platform that helps teams identify security vulnerabilities and sensitive data exposures.
As Inspectiv researchers find new vulnerabilities, the platform incorporates and automates the detection for future monitoring.
In addition to the investment, Inspectiv revealed several new hires.
TeleSign co-founder Ryan Disraeli has joined the company as its new CEO. In this role, Disraeli will work with Inspectiv founder and executive chairman Joseph Melika, who continues to spearhead product strategy.
Other notable hires include former Cobalt VP of Sales Karen Nguyen as the new chief revenue officer, former Cobalt CISO Ray Espinoza as Inspectiv’s CISO and former Ada VP of Engineering Ross Hendrickson as VP of Engineering.
Fellow threat detection platform ThreatLocker raised $100m in its Series C round in April 2022. The capital was supplied by General Atlantic, Elephant VC and Arthur Ventures.
ThreatLocker supplies organisations with enterprise-level server and endpoint security by blocking untrusted software, including ransomware, scripts and libraries, and exploits known and unknown application vulnerabilities.
Copyright © 2022 FinTech Global
Copyright © 2018 RegTech Analyst