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Picus Security Closes $24M Series B Funding To Accelerate North America Expansion And Worldwide Growth

PRIVATEOct 20, 2021

Amount Raised

$24 Million

Round Type

Series B

WilmingtonInformation TechnologyNetwork Security

Description

Picus Security, the pioneer of Breach and Attack Simulation (BAS) technology, today announced the completion of its $24 million Series B funding round. The investment is led by Turkven with participation from existing investor, Earlybird Venture Capital, as well as cyber security veteran, Nathan Dornbrook. The round brings Picus' total funding to $33 million and will be used to help accelerate the company's expansion in North America as well as across EMEA and APAC.

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Company Information

Company

Picus Security

Location

1401 Pennsylvania Avenue

Wilmington, Delaware, United States

About

Picus Security, the leading security validation company, gives organizations a clear picture of their cyber risk based on business context. Picus transforms security practices by correlating, prioritizing, and validating exposures across siloed findings so teams can focus on critical gaps and high-impact fixes. With Picus, security teams can quickly take action with one-click mitigations to stop more threats with less effort.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Picus Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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