Exploit intelligence company VulnCheck announced a $12 million Series A funding round led by Ten Eleven Ventures, with participation from existing investors, including Sorenson Capital and In-Q-Tel (IQT). The latest funding brings the total funding raised to nearly $20 million.
VulnCheck will utilize the funds to advance international expansion and growth by enhancing its exploit intelligence platform and scaling go-to-market initiatives.
The oversubscribed funding round follows a year in which VulnCheck achieved 3 times year-over-year ARR growth, 158% customer growth, and a 100% customer retention rate. And the company’s exploit intelligence offerings are trusted by nearly 7,000 businesses and organizations worldwide since launching its Community tier just one year ago.
VulnCheck offers the most comprehensive and real-time exploit and vulnerability intelligence, autonomously collected at the time of disclosure. And VulnCheck sources data from nearly 500 channels and over 400 million records across all CVEs.
The platform also refreshes its feed every eight hours and provides data output in machine-readable formats. Created for seamless integration into security workflows and products, VulnCheck enables product, security and response teams to track, prioritize, and remediate the most critical vulnerabilities before attackers strike.
KEY QUOTES:
“VulnCheck’s hypergrowth highlights its unique ability to address one of today’s most pressing organizational challenges. As cybersecurity specialist investors, we backed VulnCheck because the current paradigms for threat intelligence and vulnerability management are fundamentally flawed. They require too much human intervention to distill the information needed to prioritize action. VulnCheck is disrupting these legacy approaches by autonomously collecting and integrating exploit and vulnerability intelligence at scale. Founder Anthony Bettini’s unparalleled technical expertise, steady leadership, and disciplined approach to product development further cement the company’s position as a game-changer in the industry.”
– Mark Hatfield, founder and general partner at Ten Eleven Ventures
“Legacy vulnerability management solutions lack full visibility into today’s CVE landscape and are designed to help analysts research threats by hand, which doesn’t paint a full threat picture and can slow teams down. VulnCheck is flipping the script, delivering an autonomous system that collects all vulnerability and exploit intelligence which distills it down to the critical vulnerabilities we expose for Sevco customers.”
– JJ Guy, CEO and Co-founder, Sevco Security
“When managing and responding to vulnerabilities, time matters. VulnCheck is a massive-scale unlock for cybersecurity teams, enabling defenders to move at the speed of business to take action on emerging threats with the context necessary for precision response.”
– Ken Elefant, Partner, Sorenson Capital
“Vulnerability prioritization is a top three cybersecurity problem that’s impacting organizations across the globe. This funding represents a commitment to our customers to help them win the fight against adversaries that are weaponizing and exploiting an ever-growing volume of vulnerabilities faster than ever.”
– Anthony Bettini, founder and CEO, VulnCheck
