Security News > 2020 > May > Crowdsourced Security Testing Firm Synack Raises $52 Million
Crowdsourced security testing provider Synack on Thursday announced that it closed a $52 million Series D funding round, bringing the total raised by the company to $112.1 million.
Founded in 2013, Synack gathers cybersecurity talent to help organizations identify vulnerabilities in their assets.
The Synack Red Team is powered by over 1,500 ethical hackers from 82 countries.
Synack's platform is leveraged by worldwide banks, retailers and healthcare companies, as well as major federal government agencies, including the Department of Defense, and aerospace and defense organizations for security bug hunting.
"The only way to guarantee trust and control in cybersecurity used to be through on-site work. That's simply no longer the case. Synack can maintain trust and visibility all while giving customers access to an army of the most talented ethical hackers to defend against today's relentless cyberattacks," Synack CEO Jay Kaplan said.