NetSPI receives major investment backing from KKR


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.

RealDefense, a firm that develops and markets privacy, security and optimisation software, recently scored $30m in new financing.

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.