NetSPI Raises $90M in Growth Funding

NetSPI

NetSPI, a Minneapolis, MN-based enterprise penetration testing and attack surface management company, raised $90m in growth funding.

The round was led by KKR, with participation from Ten Eleven Ventures.

The company intends to use the funds to further accelerate its growth by expanding its cybersecurity and client experience teams, investing in product innovation, and deepening operations across U.S. and international markets.

Led by President and Chief Executive Officer Aaron Shilts, NetSPI provides a cloud based enterprise security testing and attack surface management platform to U.S. banks, health care companies, global cloud providers, and Fortune® 500. The company offers Penetration Testing as a Service (PTaaS) through its Resolve™ platform and adversary simulation through its Red Team Tool Kit.

Most recently, NetSPI acquired Silent Break Security and incorporated its proprietary Adversary Simulation and Red Team Toolkit software into the company’s offensive cyber security and attack surface management offerings.

FinSMEs

12/05/2021