Picus Complete Security Control Validation Platform simulates real-world cyber threats, including ransomware and APT groups; it covers more than 11,000 attacks and 70,000 actionable migrations
IT security platform provider Picus Security has completed its $24 million Series B funding round. The investment was led by Turkven with participation from existing investor Earlybird Venture Capital and cybersecurity veteran Nathan Dornbrook. Series B funding brings Picus’ total funding to $33 million, and the company plans to use the funds to help accelerate the expansion in North America, EMEA and APAC.
The Picus Complete Security Control Validation Platform simulates real-world cyber threats, including ransomware and APT groups, to enable enterprises to continuously assess and improve the effectiveness of their security controls. More than 11,000 attacks and 70,000 actionable mitigations are included, and the tool is updated daily to reflect the latest adversarial techniques and behaviors. Established in 2013, San Francisco-based Picus says its business has grown by 400 percent since 2019. It was listed as the highest-rated breach and attack simulation (BAS) provider in Gartner Peer Insights customer reviews in October.
Picus has also recently launched its Purple Academy, which offers free online training in cyber-attack methods and defense strategies. To date, more than 4,500 students in 160 countries have completed courses, Picus said in a news release.
About Picus Security
The Picus Complete Security Control Validation Platform simulates real-world cyber-threats to continuously assess, measure and help optimize the performance of security controls. Picus validates controls at prevention and detection layers, including NGFW, SIEM and EDR tools and supplies easy-to-apply, vendor-specific mitigation content that enables security teams to swiftly address threat coverage and visibility gaps.