Security News > 2020 > August > Pentest-as-a-Service Company Cobalt Raises $29 Million
2020-08-20 15:36
Pentest-as-a-Service company Cobalt announced on Thursday that it has raised $29 million in a Series B funding round.
Founded in 2013, Cobalt has designed a platform that connects vetted ethical hackers with organizations looking to test the security of their products.
Cobalt assigns pentesters whose skills match the targeted application stack.
These testers will look for a wide range of vulnerabilities, with findings being reported in real time on the Cobalt platform.
Cobalt says it has roughly 300 pentesters and more than 500 customers, including Axel Springer, GoDaddy, MuleSoft and Vonage.