About Bugcrowd
Bugcrowd provides crowdsourced security solutions by connecting businesses with a global network of trusted hackers and security researchers. Their main service is bug bounty programs, where companies reward experts for finding and reporting vulnerabilities in their systems. This approach is more effective than traditional security measures, as it utilizes a diverse range of expertise. Bugcrowd's goal is to enhance the security of its clients, particularly those handling sensitive data, through continuous coverage and support.
San Francisco, CaliforniaHeadquarters
2012Year Founded
$224.4MTotal Funding
LATE_VCCompany Stage
Cybersecurity, Financial Services, HealthcareIndustries
1,001-5,000Employees
Benefits
Competitive salary & stock options
Opportunities to attend & host relevant conferences & meetup
Flexible vacation time
Medical, dental & vision coverage
Generous workstation allowance
Company-sponsored off-sites & celebrations
Pre-tax commuter benefits
401k
Risks
Rapid expansion from new funding may strain resources and affect service quality.
Brazilian market entry may pose regulatory challenges and compliance risks.
Strategic changes from new board members could disrupt current operations or client relationships.
Differentiation
Bugcrowd leverages a global community of hackers for crowdsourced security solutions.
The platform is AI-powered, enhancing threat detection and response capabilities.
Bugcrowd offers a unique bug bounty program, rewarding researchers for finding vulnerabilities.
Upsides
Bugcrowd secured $50 million for expansion and innovation, showing strong investor confidence.
The launch of CASPT aligns with growing interest in continuous attack surface management.
Expansion into Brazil taps into rising adoption of crowdsourced security in emerging markets.
Funding
Total raised$224.36 M
Latest valuation$1.00 B
StageLATE_VC
LATE VC
10/31/2024$50
$1.00 B$102
$1.00 BSERIES D
3/31/2020$30
$150.00 MSERIES C
2/28/2018$26
$130.00 MSERIES B
3/31/2016$15
$75.00 M$6
$30.00 MANGEL
3/31/2013N/A
$250.0 K