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Netspi Raises $410 Million In Growth Funding From Kkr

PRIVATEOct 05, 2022

Amount Raised

$410 Million

Round Type

Funding Round

MinneapolisInformation TechnologySecurityCyber SecurityNetwork Security

Description

NetSPI, a leader in enterprise penetration testing and attack surface management, today announced that global investment firm KKR is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI's significant outperformance since KKR's initial investment in May 2021 and will support NetSPI's continued technology innovation, talent acquisition, and global expansion, as well as recapitalizing NetSPI's first institutional investor Sunstone Partners.

Quick answer

NetSPI raised $410 Million in a Funding Round round, dated October 5, 2022. NetSPI is based in Minneapolis, Minnesota, United States.

How much did NetSPI raise?
NetSPI raised $410 Million in a Funding Round round on October 5, 2022.
What does NetSPI do?
NetSPI is the proactive security solution used to discover, prioritize, and remediate security vulnerabilities of the highest importance, so businesses can protect what matters most.
Where is NetSPI based and how big is it?
NetSPI is based in Minneapolis, Minnesota, United States.
Who are the decision-makers at NetSPI?
Fundz holds 2 contacts at NetSPI, including the President and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as NetSPI that raised within 45 days of this round, from Fundz verified event records.

  • Wib raised $16M on November 8, 2022.
  • Versa Networks raised $120M (Funding Round) on October 27, 2022.
  • Corsa Security raised an undisclosed amount (Funding Round) on October 25, 2022.
  • Corsa Security raised $10M (Funding Round) on October 20, 2022.
  • Versa Networks raised $75M on October 14, 2022.
  • Oort raised $15M (Series A) on October 6, 2022.

Who to call at NetSPI, and when

A new round usually means NetSPI is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

NetSPI

Location

Minneapolis, Minnesota, United States

About

NetSPI is the proactive security solution used to discover, prioritize, and remediate security vulnerabilities of the highest importance, so businesses can protect what matters most. Leveraging a unique combination of dedicated security experts, intelligent process, and advanced technology, NetSPI helps security teams take a proactive approach to cybersecurity with more clarity, speed, and scale than ever before. By continually advancing solutions such as Penetration Testing as a Service (PTaaS), Attack Surface Management (ASM), and Breach and Attack Simulation (BAS), NetSPI goes beyond the noise to deliver high impact results and recommendations based on business needs, so customers can protect their priorities, perform better, and innovate with confidence.

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Related People

2 contacts
Verified contactsAaron S., President and CEO hiddenSee plans and pricing
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NetSPI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.