Pentera, a Tel Aviv, Israel-based Automated Security Validation (ASV) company, raised $150m in Series C funding.
The round, which brought Pentera’s valuation to $1 billion, was led by K1 Investment Management, with participation from Evolution Equity Partnersand Insight Partners. Additional investors include Awz Ventures, a Canadian-Israeli VC group, and Blackstone (NYSE: BX).
The company will use the new funding to grow its global operations, across all functions and regions, and product line.
Led by Amitai Ratzon, CEO, and Dr. Arik Liberzon, Co-Founder and CTO, Pentera provides an Automated Security Validation platform, allowing every organization to test the integrity of all cybersecurity layers, unfolding true, current security exposures at any moment, at any scale. Thousands of security professionals and service providers around the world use Pentera to guide remediation and close security gaps before they are exploited. Recent additions to the product portfolio include its RansomwareReady™ and Log4Shell validation modules.