Estimated reading time: 0 minutes, 21 seconds

Cybersecurity Startup HackerOne Raises $36.4M

HackerOne, a startup that provides a “bounty” for discovering bugs, has announced $36.4 million in venture capital funding. So reports VentureBeat.

HackerOne charges a 20% commission to companies and connects them with so-called white-hat hackers, who earn incentive money for reporting software security flaws.

Based in San Francisco, HackerOne was founded in 2012 and said it paid out $19 million in bounties last year, with 100 hackers receiving more than $100,000 apiece.

Read the full article from VentureBeat.

Read 3277 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.