Bugcrowd Secures $102M in Strategic Growth Funding to Scale AI-Powered Crowdsourced Security Platform
ID: 0791b0b0-1f1d-56d6-9fa7-ffb4ae1ecd8a
STIX ID: report--0791b0b0-1f1d-56d6-9fa7-ffb4ae1ecd8a
Feed Name: Dark Reading
Bugcrowd announced $102M in strategic growth financing led by General Catalyst to scale its AI-powered crowdsourced security platform globally, expand across EMEA/APAC/US, and pursue strategic M&A, alongside board and advisory additions. The release highlights traction including 200+ new clients in the past year (nearly 1,000 total), 40% overall growth, near 100% YoY growth in PTaaS, and customer endorsements, positioning the company to further innovate and extend its crowdsourced security offerings.
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