The explosion of the traditional IT infrastructure into collections of fragmented cloud and hybrid environments and distributed applications, combined with the natural growth of our digital footprint has created a perfect storm situation for cyber security teams. Parisian attack prevention cybersecurity startup Hackuity has emerged from stealth with a €12 million funding to tackle this issue. The round was led by Sonae IM with the participation of previous investor Caisse des Dépôts.
Founded in 2018 by Patrick Ragaru and Pierre Polette, the startup is empowering cybersecurity teams and leaders to collect, prioritise, and remediate security weaknesses before they can be exploited by their adversaries. It focuses on vulnerability management by normalising and aggregating all 3rd-party exposure data of its customers into a single pane of glass and analytical engine. By breaking technological silos, it allows customers to capture the complete picture of their security posture.
Patrick Ragaru, CEO and co-founder said: ““Vulnerability Management, a foundational security practice, has become progressively less relevant over the years and too many organisations made the headlines because of cyber-attacks that could and should have been prevented. We want to revolutionise this practice and allow enterprises to quantify and improve their security objectively.”
Going forward, the startup will now accelerate its core strategy along 2022 and 2023 and look at international expansion in all major markets and develop its engineering team, with a focus on diversity and inclusion.