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LONDON, Jan. 7, 2021 /PRNewswire/ Pcysys, the automated penetration testing company, has announced its expansion in the European market, with offices in France, Germany, Italy, Iberia and the Nordics. This is to support the growth in demand for a continuous security validation solution.
Pcysys recently announced its $25 million Series-B Funding round completion led by US-based venture capital and private equity firm Insight Partners along with existing investors, The Blackstone Group and Awz Ventures. The company, which has developed PenTera, the revolutionary Automated Penetration Testing platform, has raised $40 million to date.
In addition, following the substantial traction the company has experienced in the UK and Central Europe regions, and strong demand in other parts of Europe fostered local partners, the decision to hire local region managers and field engineering team was the natural next step.