What is HackerOne?
Founded in 2012 and headquartered in California, HackerOne operates as a critical platform connecting businesses with a global network of penetration testers and cybersecurity researchers. The company's core mission is to help organizations proactively identify and address security vulnerabilities before they can be exploited. By facilitating bug bounty programs and vulnerability disclosure, HackerOne empowers companies to enhance their digital defenses and build trust with their customers. Its services are vital for enterprises seeking to maintain robust cybersecurity postures in an increasingly complex threat environment.
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 Benchmark Capital and New Enterprise Associates
Series C (2017): $40M supported by New Enterprise Associates and Benchmark
Series D (2019): $36.4M featuring Benchmark, EQT Ventures, Valor Equity Partners, Dragoneer Investment Group, and New Enterprise Associates
Series E (2022): $49M backed by GP Bullhound
Key Investors in HackerOne
Benchmark
Benchmark is a prominent venture capital firm known for its early-stage investments in technology companies. They have a history of backing successful startups and are likely focused on disruptive innovations.
New Enterprise Associates
New Enterprise Associates (NEA) is a global venture capital firm that invests in companies across various stages, with a strong focus on technology and healthcare. They are known for their extensive network and strategic guidance.
GP Bullhound
GP Bullhound is a global investment banking firm specializing in technology, media, and telecom. They provide advisory services and capital transactions, focusing on high-growth companies.
What's next for HackerOne?
With its substantial enterprise-level backing and a recent strategic investment, HackerOne is poised for accelerated growth. The company is likely to focus on expanding its platform capabilities, enhancing its researcher community, and forging deeper partnerships with businesses across various industries. This capital infusion will enable HackerOne to further solidify its leadership in the bug bounty and vulnerability management space, potentially exploring new service offerings or geographical expansions to address the evolving global cybersecurity challenges. The strategic nature of the recent financing suggests a focus on market consolidation or the development of new technologies to stay ahead of emerging threats.
See full HackerOne company page
