Hackuity secures $19M to address rising AI-driven security vulnerabilities
France-basedcybersecurity company Hackuity has raised $19 million in funding to furtherdevelop its vulnerability management platform and expand internationally. Theround was led by Forgepoint Capital ...
French cybersecurity firm Hackuity has secured $19 million in new funding to bolster its vulnerability management platform and global reach. The investment round, spearheaded by Forgepoint Capital International, attracted participation from existing backers Bright Pixel, Bpifrance, and Seventure Partners, raising Hackuity's cumulative funding to $38 million.
The company's Vulnerability Operations Center (VOC) integrates data from over 130 security tools alongside threat intelligence, asset criticality, and business context to aid enterprises in prioritizing remediation efforts for security vulnerabilities. As the count of identified vulnerabilities surges, reaching approximately 350,000 Common Vulnerabilities and Exposures (CVEs) annually, driven by AI-enhanced discovery, Hackuity's platform aims to streamline remediation by assigning risk scores based on severity, exploitability, threat intelligence, asset importance, and potential business impact.
Led by co-founder and CEO Patrick Ragaru, Hackuity's solution is designed to automate prioritization and drive remediation at unprecedented speeds. The funding will be allocated towards enhancing product features, advancing AI functionalities, and extending the company's operations into Europe and Asia.
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