Hubble Technology scores $9m in venture capital funding

Virginia-based Hubble Technology has raised $9m in venture capital funding that was led by Paladin Capital Group.

The company also received investment from other venture capital companies including Accel and Crowdstrike’s Falcon Fund.

Hubble claims it is building a technology intelligence platform that will be capable of providing end-to-end visibility of corporate assets and tools to help defenders reduce and manage business risk.

Hubble founder Tom Parker said, “Ineffective asset visibility leaves organisations exposed to unmeasurable cyber and operational risks. A key requirement for any effective digital transformation is the ability to understand your existing technology stack and security controls.

“(The platform) constructs a map of a customer’s entire technology domain, from the software supply chain all the way through to an organisation’s employees and their roles,” Parker said. “Having a precise and constantly updated asset map is key to providing operators the information they need to make informed decisions – and for executives to plan effectively.”

According to Parker, the new funding will be used to expand its engineering operations and scale the business to support the company’s global ambitions.

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