Cyber Security Penetration Testing Leader NetSPI Secures $90 Million in Growth Funding Led by KKR

NetSPI | May 17, 2021

NetSPI, the pioneer in big business infiltration testing and assault surface administration, today reported it has brought $90 million up in development subsidizing drove by KKR, with investment from Ten Eleven Ventures. The venture will be utilized to additionally speed up NetSPI's fast development by extending the organization's digital protection and customer experience groups, putting resources into item advancement, and extending tasks across U.S. what's more, worldwide business sectors.

Since its establishing, NetSPI has centered its administrations to assist organizations with protecting themselves from cyberattacks through a powerful and imaginative innovation stage, permitting NetSPI's group of specialists to completely recognize security weaknesses. When digital protection spending is relied upon to surpass $200 billion every year by 2024, as per a new Bloomberg Intelligence (BI) report, more organizations are getting ready to fight off refined digital assaults and stay away from reputational and business hazards.

KKR is putting resources into NetSPI through its Next Generation Technology Growth Fund II. KKR and Ten Eleven Ventures have put resources into market-driving network safety organizations including Darktrace, KnowBe4, Ping Identity, Cylance, ForgeRock, and ReliaQuest.

The venture is the most recent exchange in a time of sped up development for NetSPI. Most as of late, NetSPI procured Silent Break Security and fused its restrictive Adversary Simulation and Red Team Toolkit programming into the organization's hostile network safety and assault surface administration contributions. In 2020, NetSPI dispatched Penetration Testing as a Service (PTaaS) controlled by its Resolve™ stage. Forthcoming augmentations of hazard scoring, weakness insight, break and assault recreation, and more will keep on separating NetSPI's innovation contributions.

Goodwin Procter LLP exhorted NetSPI on the exchange and Latham and Watkins LLP prompted KKR and Ten Eleven Ventures.

About NetSPI

NetSPI is the pioneer in big business security testing and assault surface administration, banding together with nine of the main 10 U.S. banks, three of the world's five biggest medical services organizations, the biggest worldwide cloud suppliers, and large numbers of the Fortune® 500. NetSPI specialists perform profound plunge manual entrance testing of use, organization, and cloud assault surfaces, generally testing more than 1 million resources for discover 4 million one of a kind weaknesses. NetSPI offers Penetration Testing as a Service (PTaaS) through its Resolve™ stage and enemy recreation through its Red Team Tool Kit. NetSPI is settled in Minneapolis, MN and is a portfolio organization of private value firms Sunstone Partners, KKR, and Ten Eleven Ventures.


Discover What Makes an ASM Program Successful Cloud and remote work have not only revolutionized the way business is done, but they have irrevocably changed attack surfaces. Assets move, change and appear constantly, and this dynamic nature means traditional manual asset inventory processes simply cannot keep up. The modern atta

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Cyber Security & Cloud North America – New Line-Up Speakers Announced

TechEx Events Ltd | April 17, 2023

The Cyber Security & Cloud Congress North America (17-18th May) has announced exciting new additions to its line-up of speakers and panellists for the upcoming two-day event in Santa Clara. The event will take place on May 17th and 18th, 2023, and will feature a diverse range of tech industry experts, including CIOs, CTOs, Cyber Security, Cloud Architects, and other key players in the field. Attendees will have a great opportunity to hear from the most talented speakers including: Prasanna P., Digital Transformation Leader – Enterprise Architecture & Enterprise Strategy Leader – Molina Healthcare Shea Lovan, Chief Security Officer – UC Santa Barbara Sachin Vaidya, EVP Chief Information Officer of Heritage – Bank of Commerce Kishore Viswanathan, Senior Technical Program Manager, Cybersecurity and Compliance – Lucid Motors Sameh Emam, Division Risk Manager – Union Bank Kavitha Venkataswamy, Director – Digital Product Security – Capital One Richard Paz, CISM, Cyber Security Engineer – NASA Jet Propulsion Laboratory & many more! In addition to these keynote speakers, the event will also feature several panel discussions covering a wide range of topics, including Zero Trust, Threat Detection & Response, Training, Talent & Culture, Identity & Access Management, Application Security, Data Security and more. Attendees will have the opportunity to network with other industry professionals and gain valuable insights into the latest trends and technologies shaping the cybersecurity and cloud technology landscape. The Cyber & Cloud Congress North America promises to be a knowledge-packed, innovative, and engaging event for all those interested in Cyber Security and Cloud technology, but also the newest technology solutions, products and services that will be showcased during the event. “We are thrilled to have such an outstanding group of speakers joining us for the Cyber & Cloud Expo,” said Lia Richards, Head of Conference. “With their diverse backgrounds and extensive experience, they will bring a wealth of knowledge and insights to our attendees. We look forward to hearing their perspectives on the most pressing issues facing the industry today”. WHAT ELSE TO EXPECT? Over the course of two days at Cyber Security & Cloud Congress North America attendees will have a great number of opportunities to visit exhibition stalls and connect with the representatives of some of the world’s biggest brands including IBM, IDC, Bosh, AWS, Zoho and many more, all implementing the latest in Cyber Security & Cloud technologies within their sectors. Paying attendees will also have a chance to join the networking party event following Day 1 of the conference, where all will be able to connect and network in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold and Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. Find out more information here: Early-bird registration offering 25% discount of the full ticket price is open until 17th April, and interested attendees are encouraged to secure their tickets before the offer ends to avoid missing out on this exciting opportunity. Follow this link to discover ticket types and prices: About TechEx Events Ltd The TechEx Event portfolio is an international conference and tech showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.

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Discover What Makes an ASM Program Successful Cloud and remote work have not only revolutionized the way business is done, but they have irrevocably changed attack surfaces. Assets move, change and appear constantly, and this dynamic nature means traditional manual asset inventory processes simply cannot keep up. The modern atta