Picus Security is a San Francisco, CA–based security validation company led by CEO Alper Memis. Its core product, the Adversarial Exposure Validation solution, combines automated penetration testing, breach-and-attack simulation (BAS), and rule validation in an open platform. The platform correlates once-siloed exposure data to prioritize, validate, and help remediate critical security gaps, giving organizations a clear picture of cyber risk based on business context. Picus serves over 500 enterprise customers worldwide. The company said it will use the new funding to advance product innovation and expand customer success, sales, and marketing. The financing brings total funds raised to $80M. Picus Security offers a Complete Security Control Validation Platform that simulates real-world threats, including ransomware and APT groups, to validate prevention and detection controls. The platform includes more than 11,000 attacks and 70,000 actionable mitigations and is updated daily to reflect the latest adversarial techniques. Picus validates controls across prevention and detection layers such as NGFW, SIEM and EDR, and supplies vendor-specific mitigation content to help security teams address coverage and visibility gaps. The company has introduced Purple Academy, a free online training program; more than 4,500 students in 160 countries have completed courses. Led by co-founder and CEO H. Alper Memis, Picus operates out of San Francisco, CA and Ankara, Turkey. The company plans to use recent funding to accelerate expansion in North America and across EMEA and APAC. Picus Security provides a platform for Breach and Attack Simulation that delivers Continuous Security Validation and Mitigation. The product measures the effectiveness of defenses by running emerging threat samples in production environments and generates insight to build better security strategies. Its solution identifies imminent threats, enables the most viable defense actions and helps businesses understand cybersecurity risks. The company is led by CEO and Co‑Founder Hamdi Alper Memis. Picus intends to use the new funding to expand operations and support global growth. Prior to this round, the company had raised $1.7M led by ACT-VC.

Total raised

$74M

Funding rounds

3

Latest round

Series C

Latest activity

Sep 2024