Security News > 2020 > May > HackerOne Says Bug Bounty Hunters Earned $100 Million Through Its Platform
2020-05-27 19:07
HackerOne announced on Wednesday that its bug bounty platform has helped researchers earn more than $100 million since the company started paying hackers in October 2013.
The San Francisco-based company reported in late February that it had paid out a total of over $82 million in bounties, $40 million of which was awarded in 2019 alone.
HackerOne has raised more than $110 million in funding, including $36.4 million in a Series D round last year.
The company, which is also based in San Francisco, reported in November 2019 that it paid out over half a million dollars in bug bounties in one week of October.
Bugcrowd has raised over $80 million, including $30 million announced last month as part of a Series D funding round.