“Forward defence” CyberTech Bishop Fox bags $46m

Forward defence CyberTech Bishop Fox bags $46m

Bishop Fox, a provider of a “forward defence” to cybersecurity, has collected $46m in growth funding, adding to the $75m it raised earlier in the year.

The latest investment was backed by WestCap, NextEquity Partners and Rockpool Capital.

Carrick Capital invested $75m into Bishop Fox earlier in the year as part of its Series B round.

With the fresh burst of capital, Bishop Fox is looking to fuel its go-to-market activities in North America, Europe and Latin America. It has also earmarked capital to help build additional internal training programs designed to develop a new generation of cyber talent.

Its flagship solution, Cosmos, was built out of nearly two decades of offensive security engagements. The solution is an attack surface protection and offensive-security-as-a-service.

Backed by a team of security experts, Bishop Fox believes it offers the most comprehensive, continuous protection in the industry and offers customers dramatic reductions in cost, time, and resources without sacrificing security.

Its customers include over 25% of the Fortune 100, eight of the top 10 tech companies, and all of the top global media companies.

In addition to the funding round, WestCap partner Kevin Marcus has joined Bishop Fox as a board observer.

Marcus said, “Bishop Fox has an 18-year track record of identifying the most sophisticated attack vulnerabilities on behalf of some of the world’s most renowned brands.

“Their ability to continuously monitor attack surfaces is especially timely given today’s backdrop of increasing frequency of attacks and costly data breaches.”

The Forward defence CyberTech company has raised a total of $154m in equity, having previously raised $25m for its Series A.

In other CyberTech news, Probely, a San Francisco-based provider of a cloud-based dynamic application security testing solution, raised $7.7m for its Series A round. The round was led by Iberis Capital and Semapa Next.

Copyright © 2022 Fintech Global

Enjoying the stories?

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

Investors

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