What is Picus?
Picus operates within the cybersecurity sector, specializing in continuous security validation. The company's platform is designed to simulate real-world cyberattacks in a controlled environment, empowering security teams to pinpoint vulnerabilities, confirm the efficacy of their security controls, and prioritize remediation efforts based on tangible risk assessments. By integrating breach and attack simulation, exposure validation, and automated testing, Picus enables enterprises to bolster their cyber resilience, reduce their attack surface, and maintain robust readiness against evolving cyber threats across diverse environments including network, endpoint, and cloud infrastructures.
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 ACT-VC and Earlybird
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 with a strong focus on European technology innovators, investing in sectors like technology and medical. They are headquartered in Berlin, Germany.
Riverwood Capital
Riverwood Capital is a private equity firm that invests in high-growth, middle-market technology companies globally, emphasizing value creation through digital technologies. They are based in Menlo Park, California.
Turkven
Turkven focuses on building high-growth industry leaders with exceptional management quality and global ambitions, often working with international partners to foster sustainable business practices and scale operations.
What's next for Picus?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Picus for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its continuous security validation platform, enhance its go-to-market strategies, and potentially explore new verticals within the cybersecurity domain. The company's focus on providing actionable insights into security effectiveness suggests a strategic direction aimed at becoming a leader in proactive cyber defense, helping organizations move beyond reactive measures to a state of continuous readiness and risk mitigation.
See full Picus company page
