Bugcrowd, producer of tech-security platform, closes $15 mln Series B round

Bugcrowd Inc, the San Francisco developer of a crowdsourced tech-security platform, closed $15 million of Series B funding, led by Blackbird Ventures, the New South Wales, Australia, venture firm. Also signing on: new investors Industry Ventures and Salesforce Ventures as well as current investors Rally Ventures, Costanoa Venture Capital and Paladin Capital Group. Bugcrowd has now raised $24 million. Bugcrowd said that its Crowdcontrol system, adopted by major brands and Fortune 500 firms, enables its clients to uncover security bugs in their products. The efforts are driven by what it calls a “curated, vetted community of more than 27,000 security researchers.”

20 April 2016•3 mins read
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