Israeli automatic security verification company five (PCYSYS) has announced the completion of a $ 60 million financing round, led by Evolution Equity Partners, with the participation of Faralon Capital Management, up to the company's total financing of $ 250 million. The company's latest financing round was in December 2021, when it raised $ 150 million, with a billion dollar assessment. The company did not reveal its current evaluation, although estimates are still more than one billion dollars, despite the modest amount of money raised.
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Pentera Security Company is raised 150 million dollars with one dollar assessment
The company says that since December 2021, ARR has increased by more than 300 % and has expanded its customer base by 200 %, the company says.
With the transformation of the cybersecurity threat by artificial intelligence, which enables the attackers through advanced and mechanical techniques that speed up ransom campaigns and increase the operational complexity of defenders, the Pentera platform allows institutions to adopt the frameworks of the continuous threat management (CTEM), ensuring the validity of its defenses continuously and reference.
Pentera simulates the real world's rivalry techniques to detect exploited safety gaps across local networks, assets facing the web, and multi -sodium complex environments. The platform enables safety teams to analyze full attack paths, determine the radical causes, and determine the priorities of treatment to reduce effective risks.
More than 1,100 institutions around the world including Casey's, Wyndham Hotels & Resorts, Virgin Atlantic, Cyberark and Tadiran Trust Pentera to check their security defenses against threats in the real world. With this new financing, Pentera says it will accelerate innovation through advanced research and development, advanced artificial intelligence, and aggressive expansion in the American market.
The company was founded in 2015 by CTO Arik Liberzon and Arik Fainingd, which is no longer active in the company. Amitai Ratzon joined the company as CEO in January 2018. Pentera currently has 400 employees, including 140 in Israel.
“Security teams face uncompromising mechanical threats that cannot match traditional testing methods. This investment allows us to accelerate innovation and expand our platform to help institutions to verify the validity of their security continuously against the world's realistic attacks. We are implementing our strategy to exceed $ 200 million in ARR, we effectively explore the strategic opportunities to push the market unification and unification More customers.
It was published by Globes, Israel Business News – En.globes.co.il – on March 12, 2025.
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