{"id":5811,"date":"2020-04-27T14:17:54","date_gmt":"2020-04-27T14:17:54","guid":{"rendered":"https:\/\/fintech.global\/AIFinTechForum\/?p=5811"},"modified":"2020-04-27T14:17:54","modified_gmt":"2020-04-27T14:17:54","slug":"cybersecurity-platform-randori-collects-20m-in-its-series-a-round","status":"publish","type":"post","link":"https:\/\/fintech.global\/AIFinTechForum\/cybersecurity-platform-randori-collects-20m-in-its-series-a-round\/","title":{"rendered":"Cybersecurity platform Randori collects $20m in its Series A round"},"content":{"rendered":"
\n

Randori, an automated attack platform, has collected $20m in its Series A round which was led by Harmony Partenrs.<\/strong><\/p>\n

Contributions also came from previous Randori backers Accomplice, .406 Ventures and Legion Capital.<\/p>\n

With the fresh funds, the company will look to expand its Attack platform, which gives security teams insights into \u201chacker logic\u201d, understanding how they plan, target and execute attacks. It does this by automating real-world attacks to identity where security programs break down.<\/p>\n

Funds will also be used to enhance its \u201cRandori Attack Team\u201d, which is a team of offensive hackers that develop and weaponize new attack techniques, exploits and tooling, to help strengthen the Randori defence platform.<\/p>\n

Finally, the company will put money to increasing the size of its engineering, go-to-market, and customer success teams, to meet rising customer demand.<\/p>\n

The Randori platform help companies to improve their security posture, identify ineffective security solutions and get a better understanding of where they are most vulnerable.<\/p>\n

Randori\u2019s CEO and co-founder Brian Hazzard said, \u201cWe founded Randori to give CISOs the ability to see how a real attacker would plan, target and conduct campaigns against their organizations.<\/p>\n

\u201cNow, more than ever, CISOs need security programs capable of anticipating, rather than reacting to, threats. To do that, you first need to understand what\u2019s possible. Having experienced a breach at a former company I know the biggest questions security leaders ask are: \u2018Have we done enough?\u2019 and \u2018Are we ready for the next attack?\u2019 With this funding, we will significantly scale our team and deliver on our vision of bringing a trusted adversary to front-line security teams.\u201d<\/p>\n

Copyright \u00a9 2020 RegTech Analyst<\/p>\n<\/div>\n