WhiteHat Security Receives $8M Equity Financing from Investor Growth Capital
WhiteHat Security, a Santa Clara, California-based provider of Web security solutions, has received an $8m equity financing from Investor Growth Capital (IGC).
The company plans to use the proceeds to hire new staff (https://www.whitehatsec.com/abt/careers.html) and open a new regional office, which will include a Threat Research Center, in Houston, Texas.
Founded in 2001 and led by CEO Stephanie Fohn, WhiteHat Security provides Sentinel, a SaaS-based, website vulnerability management solution, which is designed to assess the real-time risks to websites, identify the specific vulnerabilities that are threatening businesses, and report the results.
It in use in more than 4,000 websites, including sites in the most regulated industries as well as top ecommerce, finance and healthcare companies.