As cyber attacks have become more sophisticated in recent years, it has become important that software works as intended and without causing security issues. Furthermore, as software evolves, testing software becomes increasingly important. a more complex and detailed process transformed. Picus Security, which operates in this field and was founded by three Turkish mathematicians, managed to raise $45 million in investments by simulating 1 billion attacks.

CEO of Picus Security Alper Memis, “Everyone has a different, evolving approach. Everyone’s goal is to create a connection between the two.” he said.

The total investment was $80 million

Picus Security in Series C investment round $45 million Riverwood Capital led this investment round. With this investment round, in which Earlybird Digital East Fund, one of the company’s earlier supporters, also participated, the total investment that Picus has received to date is for 80 million dollars reaches.

Picus security, MasterCard, Visa, Vodafone and ING To date, for giant companies like more than 1 billion conducted a cyber attack simulation. The cybersecurity company has also served over 500 enterprise clients to date. In 2022, the company was valued at $94 million. Since then, the company has managed to grow its workforce to 200 and triple its revenue.

Picus, automatic penetration testIt provides proactive protection against cyberattacks by performing controls such as breach simulation and rule verification. In addition, security teams using the enterprise panel can monitor all network activities.