• Bug Bounty Startup Bugcrowd Raises $26 Million

    7 monthes ago - By Fortune

    In 2011, Patrick Webster, a security researcher, notified an Australian pension fund manager of a glaring flaw in its website that allowed him to access people's personal information. The firm, First State Superannuation, returned the favor by sending the police to his home and threatening to sue him.
    The incident was a disaster-a masterclass in how not to treat vulnerability researchers. First State Super eventually backed down and thanked Webster, but not before catching considerable flak for its handling of the affair.
    Now First State Super has signed on as an investor in Bugcrowd, a...
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  • Bug bounty platform Bugcrowd raises $26 million

    Bug bounty platform Bugcrowd raises $26 million

    7 monthes ago - By Venture Beat

    Bug bounty platform Bugcrowd has raised $26 million in a series C round of funding led by Triangle Peak Partners, with participation from Salesforce Ventures, Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Stanford, Hostplus, and First State Super.
    Founded out of San Francisco in 2012, Bugcrowd connects companies with security researchers and the broader whitehat hacking community to find and fix vulnerabilities for a fee. Customers include Tesla, Fitbit, Mastercard, Square, and Atlassian.
    Bugcrowd had previously raised around $23 million...
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  • Bugcrowd bug bounty platform gets big boost with $26 million Series C investment

    Bugcrowd bug bounty platform gets big boost with $26 million Series C investment

    7 monthes ago - By Tech Crunch

    Bugcrowd and HackerOne both launched in 2012 and both companies are competing in the growing bug bounty market to pay a network of white hat hackers to bang on client software to find vulnerabilities. Today, Bugcrowd announced a $26 million Series C jolt led by Triangle Peak Partners. Bugcrowd is built on the premise that it's better to dangle a cash reward to a group of people...
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