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PortSwigger Scores Hefty $112 Million Investment

PortSwigger, the British company behind the popular Burp Suite pen-test utilities, has banked a massive $112 million investment after 16 years as a bootstrapped startup.
The company said the capital was provided by Brighton Park Capital, a U.S. investment firm focused on growth-stage companies.
This is PortSwigger's first-ever external investment since its 2008 launch with software in the web application and penetration testing categories.
The company's two flagship products - Burp Suite Professional and Burp Suite Enterprise - are well-entrenched among enterprises looking to automate the security testing of applications and APIs.
The products offer automated DAST scanning to provide visibility of a web application's attack surface, and a pen-testing toolkit to automate repetitive testing tasks in the security assessment processes.
PortSwigger says it has about 20,000 customers of all sizes, including Microsoft, Amazon, FedEx, and Salesforce.


This Cyber News was published on www.securityweek.com. Publication date: Mon, 01 Jul 2024 19:13:06 +0000


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