San Francisco, CA – August 17, 2023 – ProjectDiscovery, the open source powered security company that specializes in the detection of new, exploitable vulnerabilities, today announced that it has raised $25 million in a Series A financing round led by CRV, with participation from Point72 Ventures, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima and Talha Tariq, among others. At the same time, the company announced the launch of its ProjectDiscovery Cloud Platform, a fully-managed SaaS platform built on top of ProjectDiscovery’s most popular open source tools to enable enterprises to discover and remediate vulnerabilities at scale.

Source: Dark Reading: Cloud