Picus Security Closes $24 Million Series B

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span> and <span class&equals;"xn-location">ANKARA&comma; TURKEY<&sol;span><&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;www&period;picussecurity&period;com&sol;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Picus Security<&sol;a>&comma; the pioneer of Breach and Attack Simulation &lpar;BAS&rpar; technology&comma; announced the completion of its <span class&equals;"xn-money">&dollar;24 million<&sol;span> Series B funding round&period; The investment is led by Turkven with participation from existing investor&comma; Earlybird Venture Capital&comma; as well as cyber security veteran&comma; <span class&equals;"xn-person">Nathan Dornbrook<&sol;span>&period; The round brings Picus&&num;8217&semi; total funding to <span class&equals;"xn-money">&dollar;33 million<&sol;span> and will be used to help accelerate the company&&num;8217&semi;s expansion in <span class&equals;"xn-location">North America<&sol;span> as well as across EMEA and APAC&period;<&sol;p>&NewLine;<p>The Picus Complete Security Control Validation Platform simulates real-world cyber threats&comma; including ransomware and APT groups&comma; to enable enterprises to continuously assess and improve the effectiveness of their security controls&period; The platform includes more than 11&comma;000 attacks and 70&comma;000 actionable mitigations&comma; and is updated daily to reflect the latest adversarial techniques and behaviors&period;<&sol;p>&NewLine;<p>&&num;8220&semi;For too long&comma; organizations have been forced to make assumptions about the state of their security posture&comma;&&num;8221&semi; said H&period; <span class&equals;"xn-person">Alper Memis<&sol;span>&comma; Picus Security Co-founder&comma; and CEO&period; &&num;8220&semi;The Picus platform puts an end to this uncertainty by helping security teams to measure and improve the effectiveness of their security controls to prevent&comma; detect and respond to threats&period; This latest funding will ensure that we continue to offer customers the most complete security control validation platform  &&num;8211&semi; one that not only continuously tests the latest tools but also helps to optimize them with less effort&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Picus is the pioneer of breach and attack simulation&comma; and we are excited to support the company as it takes continuous security control validation to the next level&comma;&&num;8221&semi; said <span class&equals;"xn-person">Seymur Tari<&sol;span>&comma; Turkven CEO&period; &&num;8220&semi;All corporate boards have to manage the business and reputational risks of cybersecurity breaches&period; With the Picus platform&comma; they can obtain real-time insights to more clearly assess their security posture&comma; better understand the value of investments&comma; and make more informed decisions&period;&&num;8221&semi;<&sol;p>&NewLine;