Picus Security September 2024 Series C Funding Round

Picus Security has secured $45 million in a Series C funding round led by Riverwood Capital, with participation from Earlybird Digital East Fund. This brings Picus' total funding to $80 million. The funds will be used to drive innovation, expand product development, and enhance customer success, sales, and marketing initiatives. Picus specializes in Adversarial Exposure Validation, combining automated penetration testing, breach and attack simulation (BAS), and rule validation to help organizations address cybersecurity risks. Riverwood Capital praised Picus' approach as a “game-changer” in continuous threat exposure management.