Madison-based Sprocket Security, a cybersecurity company with a platform for continuous penetration testing, has closed an $8 million Series A financing round.
The funding will allow Sprocket to expand its sales and marketing initiatives and help accelerate development of the company’s platform, according to a Thursday announcement. That platform allows security teams to continuously validate their security posture, understand their most complex risks, and mitigate threat exposure with support from an expert team.
“Companies that have experience with a point in time pentest understand the limitations of the legacy model,” said Casey Cammilleri, founder and chief executive officer of Sprocket. “Technology is constantly evolving and so must security measures. Automated solutions alone can’t keep up with the pace of change and lack critical business context. That’s why we believe in the hybrid approach of human-driven testing supported by automation. It’s the only way to ensure comprehensive and up-to-date testing. This continuous approach is being increasingly understood and appreciated by our customers who have, over the past two decades, witnessed that fully automated solutions can’t fulfill all their pentesting needs.”
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