Pentera, the Israeli cybersecurity unicorn formerly known as Pcysys, has raised $60 million in a Series D funding round led by Evolution Equity Partners, with additional backing from Farallon Capital Management. This latest investment brings Pentera’s total funding to $250 million, reinforcing its dominance in Automated Security Validation—a cutting-edge approach to penetration testing and enterprise vulnerability management.
The funding comes amid a period of explosive growth for Pentera. Since its previous funding round in December 2021, the company has achieved a 300% increase in annual recurring revenue (ARR) and doubled its customer base. With this fresh capital, Pentera is poised to accelerate its global expansion and drive innovation in automated cybersecurity solutions.
Founded in 2015 by Arik Faingold and Arik Liberzon Pentera is an agentless platform that does not require the installation of software agents.
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Pentera says that its platform eliminates the need for human penetration testers and physical access to customer premises, allowing it to focus on exploitable flaws instead.
Its distinction stems from the fact that it uses ethical hacking techniques rather than the more prevalent simulation method.
By discovering, assessing, and remediating exploitable vulnerabilities, the Pentera automated penetration-testing platform assesses and eliminates cybersecurity risk.
“Security teams face relentless, automated threats that traditional testing methods can’t match,” said Amitai Ratzon, CEO of Pentera. “This investment allows us to accelerate innovation and expand our platform to help enterprises continuously validate their security against real-world attacks. As we execute our strategy to exceed $200M in ARR, we are actively exploring strategic M&A opportunities to drive market consolidation and deliver even greater value to our customers.”
