Pentera, the industry leader in automated security validation, has successfully secured a $60m Series D funding round.
The round was led by Evolution Equity Partners, with significant participation from Farallon Capital Management. This recent financial injection brings Pentera’s total funding to a substantial $250m.
Pentera is at the forefront of addressing the evolving challenges in cybersecurity, particularly in automated security validation. The company’s platform is designed to emulate real-world adversarial attacks, enabling organizations to continuously validate and strengthen their defenses against the most current and sophisticated threats.
The newly acquired funds are earmarked for several ambitious initiatives. Pentera plans to accelerate its research and development efforts, further integrate cutting-edge AI into its platform, and expand its market presence in the U.S. These steps are aimed at reinforcing Pentera’s position as the global standard in security validation.
Additional details about Pentera’s operations highlight its effectiveness and industry trust. The company boasts a client roster of over 1,100 leading enterprises globally, including well-known names such as Casey’s, Wyndham Hotels & Resorts, and Virgin Atlantic. These firms rely on Pentera for rigorous testing of their security infrastructures against real-world cyber threats.
“Pentera has redefined enterprise security testing and validation practices,” said Richard Seewald, Managing Partner at Evolution Equity Partners. “Pentera’s exceptional growth, strong enterprise adoption, and category-defining innovation make it the clear leader in Automated Security Validation. We are proud to lead this investment and continue our relationship with Pentera as it scales globally, expands its technology, and continues to set the industry standard for security validation.”
“We’re thrilled to support Pentera in this next phase of growth,” said Ido Krakowsky, Head of Growth Capital at Farallon Capital Management. “Pentera has demonstrated remarkable market traction and a clear vision for the future of cybersecurity. Its innovative approach to security validation is transforming how enterprises proactively defend against threats, and we look forward to being part of its continued success.”
Notably, since its last funding round in December 2021, Pentera has increased its Annual Recurring Revenue (ARR) by over 300% and expanded its customer base by 200%.
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