NetSPI, the leader in enterprise penetration testing and attack surface management, today announced it has raised $90 million in growth funding led by KKR, with participation from Ten Eleven Ventures.
The investment will be used to further accelerate NetSPI’s rapid growth by expanding the company’s cyber security and client experience teams, investing in product innovation, and deepening operations across U.S. and international markets.
“The reality is that cyber security attacks today are inevitable and put organizations at grave risk,” said NetSPI President and Chief Executive Officer Aaron Shilts. “At NetSPI, we strive to stay one step ahead of hackers, breaches, and bad actors by focusing on prevention-based security techniques. Rooted in the founding tenets of the company, our goals are purposely aggressive to help our clients adapt to the constantly evolving threat landscape.”
Since its founding, NetSPI has focused its services to help companies proactively defend themselves from cyberattacks through a robust and innovative technology platform, allowing NetSPI’s team of experts to thoroughly identify security vulnerabilities. At a time when cyber security spending is expected to exceed $200 billion per year by 2024, according to a recent Bloomberg Intelligence (BI) report, more companies are preparing to fend off sophisticated cyber-attacks and avoid reputational and business risks.
by Alex Skjong
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