Invicti Security Receives $625M Growth Investment Led by Summit Partners

Invicti Security

Invicti Security, an Austin, Texas and Boston, MA-based application security testing company, received a $625m investment.

The round, which is expected to close during the fourth quarter, subject to standard closing conditions, was led by Summit Partners, which will join forces with Turn/River Capital. In conjunction with the funding, Scott Collins, Managing Director and COO of Summit Partners, will join Invicti’s Board of Directors.

The company intends to use the funds for continued growth and product development initiatives.

Led by founder and CEO Ferruh Mavituna, Invicti Security provides dynamic and interactive application security products for organizations in every industry to scale their overall security operations. With its Acunetix and Netsparker product lines, the company’s software is designed to enable organizations to scan their entire web footprint for vulnerabilities and facilitate remediation through integration into developer workflows.

Invicti currently serves more than 3,100 customers worldwide and has scanned more than 800,000 websites to date.