Pwnie Express Closes $5.1M Series A Financing

Pwnie Express, a Berlin, Vermont-based provider of penetration testing products for the distributed enterprise, closed a $5.1m Series A financing.

The round was led by .406 Ventures, with participation from Fairhaven Capital and the Vermont Seed Capital Fund. In conjunction with the funding, Rick Grinnell, Managing Director of Fairhaven Capital, and Maria Cirino, co-founder of .406 Ventures, will both join Pwnie Express’ Board of Directors.

The company intends to use the funds to broaden its technology and product base, as well as to expand sales and marketing capabilities.

Founded in 2009 by Dave Porcello, Pwnie Express initially entered the market with a patent pending pentesting dropbox – the Pwn Plug. Earlier in 2013, the company introduced the Pwn Pad, a pentester’s tablet and released Citadel PX, a scalable, enterprise class offering which provides the ability to conduct security assessments across multiple branch offices in a distributed enterprise.

Pwnie Express will soon open a Boston office.

FinSMEs

30/06/2013

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