What is Picus?
Picus Security pioneered the Breach and Attack Simulation (BAS) technology in 2013, establishing itself as a leader in helping organizations bolster their cyber resilience. Founded by seasoned cybersecurity experts with strong academic foundations, Picus offers a transformative Security Validation platform. This solution provides end-to-end visibility into attack readiness and facilitates effortless mitigation strategies across all layers of cyber defense. The platform delivers granular, actionable insights for both operational and executive teams, enabling the development of proactive security capabilities, maximizing the utilization of existing security technologies, and ultimately optimizing return on investment while maintaining a low risk of breaches.
How much funding has Picus raised?
Picus has raised a total of $74M across 3 funding rounds:
Series A
$5M
Series B
$24M
Series C
$45M
Series A (2019): $5M with participation from Earlybird and ACT-VC
Series B (2021): $24M led by Turkven and Earlybird
Series C (2024): $45M supported by Earlybird and Riverwood Capital
Key Investors in Picus
Earlybird
Earlybird is a venture capital investor focused on European technology innovators, investing in technology, medical, and related sectors since 1997.
Riverwood Capital
Riverwood Capital is a private equity firm that invests in high-growth, middle-market companies, primarily in global technology and technology-enabled industries.
Turkven
Turkven focuses on building high-growth industry leaders characterized by exceptional management quality and global ambitions, targeting companies looking to scale their operations.
What's next for Picus?
With the recent major strategic investment, Picus is poised to accelerate its innovation and market penetration. The substantial capital infusion, indicated by $74M, suggests a strategic push towards scaling operations, expanding its global reach, and further developing its Security Validation platform. This funding will likely enable Picus to enhance its BAS capabilities, integrate advanced threat intelligence, and strengthen its position against evolving cyber threats. The company's focus on proactive security validation aligns with the increasing demand for robust cyber defense mechanisms, positioning Picus for sustained growth and leadership in the enterprise cybersecurity sector.
See full Picus company page
