VulnCheck, a provider of exploit and vulnerability intelligence, has raised $12 million in its Series A funding round. The investment, led by Ten Eleven Ventures, with participation from Sorenson Capital and In-Q-Tel, brings VulnCheck’s total raised funding to nearly $20 million. This funding will be crucial in enhancing the company’s platform and accelerating its international expansion. VulnCheck aims to build on its already strong position in the vulnerability intelligence space, using the funding to fuel growth.
VulnCheck’s platform provides a comprehensive solution for exploit and vulnerability intelligence, as well as initial access and IP intelligence. It aggregates data from more than 500 channels and processes 400 million records, allowing organizations to integrate valuable intelligence into their existing security frameworks. By doing so, VulnCheck assists organizations in tracking, prioritizing, and remediating vulnerabilities. This gives businesses a more proactive approach to managing cyber risks and staying ahead of potential threats.
With nearly 7,000 organizations using its platform globally, VulnCheck’s influence is growing rapidly in the cybersecurity space. The company recently published a report indicating a significant rise in exploited vulnerabilities. Specifically, 768 vulnerabilities were reported as being exploited for the first time last year, representing a 20% increase from 2023. This data highlights the growing need for robust intelligence platforms like VulnCheck’s to help organizations stay vigilant against evolving cyber threats.
VulnCheck’s new funding will not only strengthen its platform but also support the company’s goal of expanding its global footprint. With cybersecurity becoming an increasingly critical concern for organizations of all sizes, VulnCheck’s comprehensive intelligence and solutions will continue to be a vital asset for securing businesses against emerging vulnerabilities and attacks. The company’s ability to adapt to the evolving cyber threat landscape positions it for continued success in the coming years.
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