ProjectDiscovery Raised $25M Series A Funding

California-based, ProjectDiscovery, a cloud-based platform that uses advanced AI to quickly scan and defend programs against any vulnerability raised $25 million led by CRV in the Series A round.

The round was actively backed by SignalFire, Point72, Mango Capital, Rain Capital, Talha Tariq, Lightspeed, Accel, Caleb Sima, Guillermo Rauch, and others.

ProjectDiscovery $25M Series A

CEO of ProjectDiscovery, Rishiraj Sharma told the media that the raised funds will be used to expand operation that helps us to accelerate growth.

ProjectDiscovery is an open-source security company that helps users against cloud misconfigurations and vulnerabilities. It integrates with the cloud platform easily and uses AI automation to scan new and complex vulnerabilities on the system.

Moreover, ProjectDiscovey has advanced tools that enable users to fix cloud issues easily. Also, ProjectDiscover has announced the new ProjectDiscovery Cloud Platform (managed SaaS platform) that allows businesses to scan vulnerabilities in the cloud at scale. The Cloud Platform has some features like advanced UI/UX, modular open-source tools, reports management and so on.

Also read: trawa Raised €10M By Balderton Capital In Seed

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