Picus Security, founded by Turkish 3 mathematicians, raises $45M after simulating 1B cyberattacks [TechCrunch]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: TechCrunch
These days, all that has been kicked into high gear: the growing sophistication of security breaches has turned the process of software verification into a much more urgent task — and a far more complicated one. “Everyone has a different, evolving approach,” said Alter Memis, the CEO of Picus Security . “The holy grail is creating a connection between them.” If understanding what the holy grail looks like is half the challenge of finding it, Picus believes it's well on the way to eternal happiness . The startup's platform runs continuous validation processes to root out and fix inconsistencies in code and other network activity. And now, after picking up more than 500 enterprise customers and simulating some 1 billion cyberattacks for the likes of MasterCard, Visa, Vodafone and the banking giant ING, it's announcing a Series C of $45 million to expand its business. Riverwood Capital, a prolific backer in enterprise technology, is leading the investment with previous backer Early
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MA
Earnings
- 8/1/24 - Beat
MA
Sec Filings
- 9/18/24 - Form 4
- 9/17/24 - Form 4
- 9/13/24 - Form 144
- MA's page on the SEC website