BugCrowd sources $26m in series C

Mar 7, 2018 • Robert Lavine

Salesforce Ventures returned for a round that increased the crowdsourced cybersecurity platform's overall funding to $50m.

Bugcrowd, the US-based developer of a crowdsourced cybersecurity service, has completed a $26m series C round that included enterprise software producer Salesforce’s corporate venturing unit, Salesforce Ventures.

Asset manager Triangle Peak Partners led the round, which also featured Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Stanford University and Australian superannuation funds Hostplus and First State Super.

BugCrowd runs a service that provides bug bounties to hackers who operate within an organised testing scheme the company customises…

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