VulnCheck Closes $7.95 Million in Seed Funding to Accelerate Momentum Amid Growing Demand for its Next-Generation Exploit Intelligence Solutions
19 Abril 2024 - 8:01AM
Business Wire
Financing will help the 2024 RSAC Innovation
Sandbox contest finalist develop new enterprise and critical
infrastructure offerings that consolidate legacy vulnerability
management solutions
VulnCheck, the exploit intelligence company, today announced the
final close of its seed funding round at a total of $7.95 million,
with $4.75 million in new funding. The latest investment includes
participation from Sorenson Capital. The news comes shortly after
VulnCheck was named a finalist for the RSA Conference 2024
Innovation Sandbox contest.
The financing will be used to accelerate growth and bolster
product development for its offerings that empower enterprise
platforms and workflows and meet the increased demand for the
exploit intelligence needs of government teams and organizations
protecting critical infrastructure.
"Since launching, we’ve seen demand for VulnCheck’s intelligence
services skyrocket,” said Anthony Bettini, founder and CEO at
VulnCheck. “Advanced vulnerability management, threat intelligence,
and application security features are on the horizon, and VulnCheck
is committed to continuing to help organizations prioritize threats
in today’s rapidly evolving landscape. This funding is a testament
to our momentum, and we are excited to further invest in developing
our enterprise and critical infrastructure solutions.”
Today, VulnCheck delivers autonomous vulnerability
prioritization correlated with exploit and threat intelligence
services to help large enterprises, government agencies and
cybersecurity solutions focus on the threats that matter most.
VulnCheck’s differentiation is that it delivers better data that’s
machine-readable, faster through automation and with zero human
interference - at the time of disclosure.
“Vulnerability management teams are expected to do a lot with
very little time. Most enterprise security teams lack the real-time
visibility into the vulnerabilities that matter, meaning they don’t
have a way to quickly analyze a potential exploit path,” said Ken
Elefant, Partner at Sorenson Capital. “VulnCheck is redefining how
security teams prioritize which vulnerabilities to address first by
enriching data with a real-time assessment of exploit
weaponization. We are excited to continue partnering with VulnCheck
as they embark on the next chapter of their journey to
revolutionize the way enterprises, critical infrastructure and
government organizations manage vulnerabilities at scale.”
Over the last year, VulnCheck has remained hyper-focused on
helping solve the vulnerability prioritization challenge.
Significant milestones include the:
- Introduction of IP Intelligence, a new feature designed to
track vulnerable internet-connected devices and attacker
infrastructure.
- Launch of the VulnCheck Community Tier of services:
- VulnCheck XDB, the most comprehensive repository of exploits
and proof-of-concepts hosted on git repositories.
- VulnCheck Known Exploited Vulnerabilities catalog, a database
delivering advanced intelligence on vulnerabilities being actively
exploited in the wild. The catalog covers 80% more CVEs than the
CISA KEV, and alerts users before missing exploits are added to the
CISA KEV an average of 27 days earlier.
- VulnCheck NVD++, a tool offering a stable, high-performance
source of NVD 2.0 CVE data via API or downloadable JSON files, as
well as the ability to access NVD 1.0. It also includes CPE data
and closes the gap by close to half of the current CVEs missing
critical CPE data on the NIST NVD.
- Delivery of hundreds of detection artifacts for zero-day
vulnerabilities, including Cisco IOS XE CVE-2023-20198, Juniper
CVE-2023-36845, SolarView CVE-2022-29303, and more.
To learn more about VulnCheck and its intelligence services,
visit https://vulncheck.com/.
About Sorenson Capital
Sorenson Capital is a leading venture capital firm focused on
investing in early and growth-stage B2B software companies in the
cybersecurity, application layer, artificial intelligence, data,
and infrastructure sectors. Sorenson supports entrepreneurs through
every stage of their journey as they reach product leadership. The
firm’s investments in product leaders include Amplitude, CloudKnox,
Couchbase, Fastly, Kenna Security, and VulnCheck. With offices in
Palo Alto, CA and Lehi, UT, Sorenson is proud to partner with
entrepreneurs from coast to canyon. To learn more about Sorenson,
please visit: https://www.sorensoncapital.com.
About VulnCheck
VulnCheck is the exploit intelligence company helping
enterprises, government organizations, and cybersecurity vendors
solve the vulnerability prioritization challenge. Trusted by some
of the world's largest organizations responsible for protecting
hundreds of millions of systems and people, VulnCheck helps
organizations outpace adversaries by providing the most
comprehensive, real-time vulnerability intelligence that is
autonomously correlated with unique, proprietary exploit and threat
intelligence. Follow the company on LinkedIn,
Mastodon, or X. To learn more about VulnCheck, visit
https://vulncheck.com/.
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Media Sam Hussey fama PR for VulnCheck
vulncheck@famapr.com