“The Future of Cybersecurity: ProjectDiscovery Raises $25 Million in Series A Funding”

Ladies and gentlemen, gather ’round for a tale of triumph and innovation in the realm of cybersecurity. ProjectDiscovery, a groundbreaking platform that detects new and exploitable vulnerabilities in codebases, has just achieved a remarkable milestone. Today, it proudly announced the closing of a Series A funding round, raising an impressive $25 million. This round was led by CRV, with participation from esteemed investors such as Point72, SignalFire, Rain Capital, Mango Capital, Accel, and Lightspeed. Let’s dive into the details and uncover the significance of this investment.

Imagine a digital realm where vulnerabilities lurk in codebases, waiting to be discovered and exploited by malicious actors. ProjectDiscovery aims to turn the tables on these vulnerabilities by providing a cutting-edge platform that detects and highlights them. What began as a collaboration between four brilliant security engineers – Rishiraj Sharma, Sandeep Singh, Nizamul Rana, and…

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Original Article https://techcrunch.com/2023/08/17/projectdiscovery-raises-25m-to-launch-a-cloud-version-of-its-threat-scanning-platform/