Hackuity Secures $19 Million in Latest Funding Round
Hackuity, a French cybersecurity company specializing in vulnerability management, has announced that it has raised $19 million in its latest funding round. The round was led by Forgepoint Capital International, with participation from Bright Pixel, Bpifrance, and Seventure Partners. The company is headquartered in Boulogne-Billancourt, France.
What Hackuity Does
Hackuity offers a Vulnerability Operations platform that centralizes security findings, prioritizes vulnerabilities based on risk, automates remediation processes, and measures progress. This approach helps organizations manage and mitigate potential security threats more effectively.
Founders and Leadership
The company was co-founded by Patrick Ragaru, who serves as CEO, alongside Pierre Samson, the Chief Revenue Officer, and Wilfrid BLANC, the Chief Product and Technology Officer. Their combined expertise in cybersecurity and technology drives the company's mission to enhance security measures globally.
Use of Funds
The newly secured funds will be used to advance Hackuity's platform capabilities, particularly in strengthening its AI-driven features. The company also plans to expand its reach internationally, with a focus on increasing its presence in both European and Asian markets.
Hackuity aims to address the growing challenge of AI-driven security vulnerabilities by providing businesses with more robust tools to manage their security operations.
Investors and Market Expansion
With the backing of Forgepoint Capital International and other investors, Hackuity is well-positioned to leverage its resources for technological advancements and market expansion. This funding round marks a significant step in the company's efforts to scale its operations and tackle evolving security threats.