Funding and Acquisitions Roundup: Synack gets $1.5M in Seed funding for crowdsourced enterprise security

By Editor August 1, 2013

Today’s early-stage startup funding and acquisitions news:

Synack, a cybersecurity startup employing crowdsourcing to discover vulnerabilities in corporate networks, has closed a $1.5 million Seed funding round. Investors include Kleiner Perkins Caufield & Byers, Greylock Partners, Wing Venture Partners and Allegis Capital. The startup, which just launched this January, says its cloud-based platform allows all enterprises to use the kind of white hat crowdsourced vulnerability testing that companies like Google and Facebook have implemented. It’s based in Menlo Park and was founded by Jay Kaplan and Mark Kuhr—both former U.S. National Security Agency (NSA) analysts.

Vital Stats:


HQ: Menlo Park, California

Founders: Jay Kaplan (CEO), Mark Kuhr (CTO)

Year Founded: 2013

Seed Investors: Kleiner Perkins Caufield & Byers, Greylock Partners, Wing Venture Partners, Allegis Capital, Derek Smith

Innovation: Crowdsourced network security for enterprises of all sizes.

Total Funding: $1.5 million

(Sources: Synack, TechCrunch, LinkedIn)

More funding news…

Mobile-Focused Ad Tech Startup Run Raises $1.5M From Verizon Ventures (via TechCrunch)

Albumatic takes another whack at getting photo-sharing right, announces $4.2 million Series A (via GigaOm)

Socrative Gets $750K From True Ventures, NewSchools To Bring Realtime Student Response System To K-12 Education (via TechCrunch)

BioBeats taps Hollywood and Silicon Valley investors to blend health and entertainment (via GigaOm)

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