Synack, a startup that combines software security tools with a network of white-hat hackers to help keep its customers secure, announced a $21.25 million..
Synack , a startup that combines software security tools with a network of white-hat hackers to help keep its customers secure, announced a $21.25 million Series C funding round today.
The round was led by Microsoft Ventures with participation from Hewlett Packard Enterprise and Singtel Innov8. Previous investors GGV Capital, GV (formerly Google Ventures) and Kleiner Perkins Caufield & Byers also participated. Today’s investment brings the total raised to $55 million, according to the company.
It’s hard not to notice that is an impressive combination of company and traditional venture capital attention.
Perhaps that’s because Synack takes an unusual approach to enterprise security, going on offense instead of defense, according to company CTO Mark Kuhr. He and his co-founder CEO Jay Kaplan might know a thing or two about going on offense, having previously worked for the NSA before starting Synack in 2013.
Kuhr says they decided to start the company when they saw the defensive tactics companies were using simply weren’t working — as Sony, JP Morgan Chase, OPM, Ashley Madison, Adobe, Target and many others can attest.
