Funding Round attributes
Bugcrowd, a prominent leader in crowdsourced cybersecurity solutions, recently announced it has secured a $50 million growth capital facility from Silicon Valley Bank (SVB), a division of First Citizens Bank. This funding round underscores the strong partnership between Bugcrowd and SVB and demonstrates a commitment to the continued advancement of Bugcrowd’s industry-leading cybersecurity platform.
Founded with a mission to harness global talent in identifying and resolving cybersecurity vulnerabilities, Bugcrowd has made significant strides in the cybersecurity field. Through its proprietary platform, Bugcrowd connects organizations with an international network of skilled security researchers, offering a scalable and efficient approach to vulnerability management. Over the years, Bugcrowd has become a trusted partner to numerous organizations across sectors, enhancing their security frameworks through innovative solutions in crowdsourced security.