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Cybersecurity Penetration Testing Leader NetSPI Secures $90 Million in Growth Funding Led by KKR
Investment to Fuel Innovation and Growth, Including Global Expansion and Product Innovation
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MINNEAPOLIS, May 12, 2021 /PRNewswire/ -- NetSPI, the leader in enterprise penetration testing and attack surface management, today announced it has raised $90 million in growth funding led by KKR, with participation from Ten Eleven Ventures. The investment will be used to further accelerate NetSPI's rapid growth by expanding the company's cybersecurity and client experience teams, investing in product innovation, and deepening operations across U.S. and international markets.
Jean-hillJake-hellerMegan-dubofskyGus-alberelliBen-pedersonMark-hatfieldLinkedinGlobal-atlantic-financial-groupInvestment-allianceTwitterService-ptaaAaronKKR Leads Investment in NetSPI
Private equity firm
NetSPI, a provider of enterprise penetration testing and attack surface management, with participation from
Ten Eleven Ventures.
“The reality is that cyber security attacks today are inevitable and put organizations at grave risk,” said NetSPI president and chief executive officer
Aaron Shilts. “At NetSPI, we strive to stay one step ahead of hackers, breaches, and bad actors by focusing on prevention-based security techniques. Rooted in the founding tenets of the company, our goals are purposely aggressive to help our clients adapt to the constantly evolving threat landscape.”
“Our clients rely on us to help secure their ever-evolving attack surface by leveraging our expertise in cloud, red team, application, and network security,” continued Shilts. “This investment from KKR and Ten Eleven Ventures allows NetSPI to better meet this demand while simultaneously fueling growth and innovation as a leader in the booming cyber security market. With our investors’ support, NetSPI will continue to transform the industry with a focus on attack surface management, enterprise security testing, and vulnerability management.”
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