Xbow, a cybersecurity startup known for its AI-powered penetration testing tool, has raised $75 million in a Series B funding round. The company’s tool has gained recognition by topping the HackerOne leaderboard in the United States for identifying and reporting software vulnerabilities. Xbow’s AI-driven approach aims to address limitations of traditional penetration testing, which relies heavily on human consultants and internal staff who can be costly and prone to errors. The startup has attracted support from investors including Altimeter, with industry experts highlighting the potential of Xbow's technology to enhance enterprise cybersecurity by automating offensive protection tasks.
The program, Xbow, has climbed the leaderboards on HackerOne to become the top vulnerability researcher in the US, prompting debate about the role of AI in cybersecurity. https://t.co/PFJwfLVe8i
Xbow, whose AI tool automates penetration testing and topped HackerOne's US leaderboard for finding and reporting software bugs, raised a $75M Series B (@dinabass / Bloomberg) https://t.co/pRIMcKO5kS https://t.co/IzM3sBN5Wm https://t.co/ZOzeer1FAj
India’s GoKwik raised a small $13M round for a hefty leap in valuation: https://t.co/qBJ2HFBkzh by TechCrunch #infosec #cybersecurity #technology #news