What is HackerOne?
Founded in 2012 and headquartered in California, HackerOne operates a leading vulnerability coordination and bug bounty platform. The company serves as a critical bridge, connecting businesses with a global network of penetration testers and cybersecurity researchers. This innovative model empowers organizations to proactively identify and address security weaknesses, thereby enhancing their overall digital defense posture. HackerOne's platform is instrumental in fostering a collaborative cybersecurity ecosystem, enabling continuous security testing and improvement.
How much funding has HackerOne raised?
HackerOne has raised a total of $159.4M across 5 funding rounds:
Series A
$9M
Series B
$25M
Series C
$40M
Series D
$36.4M
Series E
$49M
Series A (2014): $9M with participation from Benchmark
Series B (2015): $25M led by New Enterprise Associates and Benchmark Capital
Series C (2017): $40M supported by New Enterprise Associates and Benchmark
Series D (2019): $36.4M featuring New Enterprise Associates, Benchmark, Dragoneer Investment Group, EQT Ventures, and Valor Equity Partners
Series E (2022): $49M backed by GP Bullhound
Key Investors in HackerOne
GP Bullhound
GP Bullhound is a global investment firm specializing in advisory services and capital transactions within the technology sector, focusing on software and digital media. They support ambitious entrepreneurs and organizations through strategic investments.
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build businesses across various stages of growth, particularly in technology and healthcare.
Benchmark
Benchmark is a venture capital firm that invests in early-stage technology companies, known for its hands-on approach and significant backing of disruptive startups.
What's next for HackerOne?
The substantial enterprise-level capital HackerOne has garnered, particularly the recent strategic investment, positions the company for accelerated expansion and innovation. This significant backing is likely to fuel further development of its core bug bounty and vulnerability management platform, potentially enabling entry into new market segments or the enhancement of existing services. Strategic investments of this magnitude often signal a focus on scaling operations, expanding global reach, and fortifying its competitive advantage in the rapidly evolving cybersecurity landscape. HackerOne is poised to further solidify its leadership in helping organizations manage and mitigate cyber threats.
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