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Breach simulation startup AttackIQ raises $44M to gasoline growth

AttackIQ, a cybersecurity startup that gives organizations with breach and assault simulation options, has raised $44 million in Collection C funding because it seems to be to ramp up its worldwide growth.

The funding spherical was led by Atlantic Bridge, Saudi Aramco Vitality Ventures (SAEV) and Gaingels, with current distributors — together with Index Ventures, Khosla Ventures, Salesforce Ventures and Telstra Ventures — additionally taking part. The spherical brings the corporate’s complete funding raised up to now to $79 million. 

AttackIQ was based in 2013 and relies out of San Diego, California. It gives an automatic validation platform that runs eventualities to detect any gaps in an organization’s defenses, enabling organizations to check and measure the effectiveness of their safety posture and obtain steerage on how you can repair what’s damaged. Broadly, AttackIQ’s platform helps a company’s safety groups anticipate, put together and hunt for threats which will impression their enterprise, earlier than hackers get there first.

Its Safety Optimization Platform platform, which helps Home windows, Linux and macOS throughout public, non-public and on-premises cloud environments, relies on the MITRE ATT&CK framework, a curated information base of identified adversary threats, ways and strategies. That is utilized by a variety of cybersecurity firms additionally constructing steady validation companies, together with FireEye, Palo Alto Networks and Cymulate.

AttackIQ says this newest spherical of funding, which comes greater than two years after its final, arrives at a “dynamic time” for the corporate. Not solely has cybersecurity turn into extra of a precedence for organizations because of a significant uptick in each ransomware and supply-chain assaults, the corporate additionally lately accelerated its worldwide growth efforts by way of a partnership with know-how distributor Westcon.

How to reply to a knowledge breach

The startup says it’s planning to make use of these new funds to additional broaden internationally by way of its newfound partnership with Atlantic Bridge, which can even see Kevin Dillon, the corporate’s co-founder and managing director, be part of the AttackIQ board of administrators. 

“AttackIQ has established itself as a class chief with a formidable enterprise buyer base that features 4 of the Fortune 20,” stated Dillon. “We imagine deeply within the firm’s imaginative and prescient and potential to turn into the following billion-dollar cybersecurity software program firm and stay up for serving to the corporate flip early traction in Europe and the Center East into sturdy, long-term growth.”

Brett Galloway, CEO of AttackIQ, stated the spherical “reaffirms the power” of its platform.

In addition to enabling organizations to overview the robustness of their safety defenses, the startup additionally runs the AttackIQ Academy, which gives free entry-level and superior cybersecurity coaching. It has accrued 17,200 registered college students up to now throughout 176 nations.

Cymulate nabs $45M to check and enhance cybersecurity defenses through assault simulations