BreachLock Raises $3 Million in Seed Funding to Make Pen Testing Faster and Scalable

Funding Rounds

Summary

BreachLock, with presence in New York, Amsterdam, and London has over 80 employees and 600 paying customers across Banking, Insurance, Computer Software, and Healthcare verticals. BreachLock uses a hybrid approach to deliver Penetration Testing services using Artificial Intelligence (AI), Automation, and Human PenTesters (also known as Ethical Hackers). Seemant further adds, "BreachLock’s focus on a hybrid approach resonates well with our clients and helps them look beyond consulting firms or crowdsourced solutions. We are honored to have TIIN capital supporting us in the seed round of funding, sharing our vision of revolutionizing the traditional approach to Pen Testing." Michael Lucassen, Managing Partner of TIIN Capital based in The Netherlands, said, “Investing in and getting involved with BreachLock seemed like a natural fit to us.

$ Funding

$
Amount $3.0M Total raised
Date March 27, 2022 Announcement date
Investors TIIN Capital B.V. Lead investors
Company http://www.breachlock.com Funded company

Classifications

industries
Entertainment
applications
Customer Service & Support

AskAI Classifications

Labels
Cybersecurity Software Penetration Testing Software SaaS Security Platform

Linked Companies

BreachLock Inc.
$10M to $25M