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Bishop Fox Provides $46 Million to Collection B Funding Spherical

By Ryan Naraine on November 15, 2022

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Steady assault floor administration pioneer Bishop Fox continues to draw the eye of traders with the banking of one other $46 million in development funding led by WestCap.

The Phoenix, Arizona firm stated the brand new money infusion provides to a $75 million Collection B spherical secured earlier this 12 months to construct and market an assault floor administration platform that automates the invention and mitigation of safety weaknesses.

Along with WestCap, NextEquity Companions and Rockpool Capital joined the newest funding.

Bishop Fox, an 18-year-old agency identified for its penetration testing and offensive safety experience, has raised greater than $154 million in lifetime funding, together with a $25 million Collection A funding from Forgepoint Capital.

[ READ: Bishop Fox Lands $75 Million Series B Funding ]

The corporate stated its flagship Cosmos platform is able to performing steady offensive testing at scale, executing greater than 2.three billion operations and figuring out 13,000+ exposures per week, saving safety groups greater than 5,000 hours per 12 months in vulnerability identification and triage.

The assault floor administration class has grown in significance to unravel issues with vulnerability and patch administration, particularly for software program and different belongings which can be uncovered to the web.

The expertise is supposed to deal with gaps in point-in-time penetration testing and vulnerability administration and is a extremely aggressive class with a number of startups jostling for market share. 

Nicely-funded gamers within the assault floor administration house embrace RunZero, CyCognito, Censys and Cyberpion.

Associated: Bishop Fox Lands $75 Million Collection B Funding

Associated: CyCognito Snags $100M for Assault Floor Administration Tech

Associated: Assault Floor Administration Play Censys Scores $35M Funding

Associated: Strike Safety Scores Funding for ‘Perpetual Pentesting’ for SMBs

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