Bugcrowd Secures $102 Million in Strategic Growth Funding

Bugcrowd, a leader in crowdsourced cybersecurity, has secured $102 million in strategic growth funding. Led by General Catalyst, with participation from existing investors Rally Ventures and Costanoa Ventures, this funding round highlights investor confidence in Bugcrowd's leadership in the security market. The additional capital will fuel global expansion, innovation, and potential M&A opportunities. Bugcrowd's AI-powered platform, which unites customers and hackers, has been successful in identifying and remedying security vulnerabilities. With over 200 new clients added in the past year, including big names like T-Mobile and OpenAI, Bugcrowd continues to drive innovation and lead the fight against cyber threats.