Penetration testing and attack surface management company NetSPI has received $410m in backing from private equity juggernaut KKR.
According to Security Week, the growth equity round comes just over a year after NetSPI banked a $90m funding led by KKR with participation from Ten Eleven Ventures.
NetSPI claims it is the leader in enterprise penetration testing, adversary simulation, and attack surface management.
The firm offers a full suite of offensive security services through its Penetration Testing as a Service (PTaaS) delivery mode. NetSPI added that it follows a technology-driven, human delivered approach, where all of its services are supported by dynamic technology platforms as well as best-in-class cybersecurity talent.
The funding will give NetSPI an extended runway to compete and find profits in the fast-growing ASM sector. The company previously acquired Utah-based Silent Break Security, a security testing company that offers network and application testing amongst other things.
NetSPI claims that it has found traction with a suite of offensive security solutions – Attack Surface Management, Penetration Testing as a Service (PTaaS), and Breach and Attack Simulation – to help businesses uncover critical security gaps, minimize risk, and reduce the likelihood of a security incident.
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