Vulnerabilities / Threats
6/24/2015
10:20 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

HackerOne Raises $25 Million to Make the Internet Safer

New Enterprise Associates leads Series B financing with participation from existing investors including Benchmark and additional investment from Yuri Milner, Marc Benioff, Drew Houston and Jeremy Stoppelman

SAN FRANCISCO June 24, 2015 HackerOne, the vulnerability management and bug bounty platform, today announced a Series B financing of $25 million led by New Enterprise Associates (NEA). The round includes participation from existing investors, including Benchmark, as well as numerous angel investors including Salesforce Chairman and CEO Marc Benioff, Digital Sky Technologies Founder Yuri Milner, Dropbox CEO and Co-Founder Drew Houston, Yelp CEO and Co-Founder Jeremy Stoppelman, Zenefits COO David Sacks, Riot Games CEO and Co-Founder Brandon Beck, and Berggruen Holdings Chairman Nicolas Berggruen, among others. Effective immediately, Jon Sakoda, general partner at NEA, joins HackerOne’s board of directors.

“HackerOne has built an incredible platform that connects organizations with thousands of hackers worldwide to help defend enterprise and governments,” said Jon Sakoda, general partner, NEA. “Embracing the hacker community is one of the most promising opportunities in security, and I am thrilled to be part of HackerOne’s continued growth and development.”

Created by experts who scaled a new security approach at Facebook, Microsoft and Google, HackerOne activates the worldwide hacker community to find and disclose software security holes. HackerOne is the leading software-as-a-service platform that provides the technology and automation to help organizations run their own vulnerability management and bug bounty programs. Powered by hackers, HackerOne rapidly surfaces security vulnerabilities on a continuous basis, allowing companies to fix issues before attackers have a chance to exploit them.

“Fulfilling the promise of a safer Internet requires a fundamentally new approach to vulnerability management,” said Merijn Terheggen, co-founder and CEO, HackerOne. “Identifying and fixing software security holes at scale truly takes an army. HackerOne’s early success has been driven entirely by word-of-mouth, proving that our model really works. With this new funding we will be one step closer to our mission of enabling any company to run a world-class vulnerability management program.”

 More than 250 organizations use the HackerOne platform, including Yahoo!, Twitter, Adobe, Dropbox, LinkedIn, Square, Airbnb, Slack, Snapchat, Mail.ru, QIWI and Vimeo. In addition, HackerOne is the founding member of Internet Bug Bounty, a program for hackers to divulge bugs for the most important open source software that supports the Internet, including Ruby on Rails, OpenSSL and Flash.

HackerOne has helped companies find nearly 10,000 security holes paying over $3.2 million in bounties to more than 1,500 independent hackers to date. HackerOne runs over 90 public programs as well as invitation-only programs from companies in banking, insurance, retail, technology and telecommunications, among others.

About HackerOne

HackerOne is the leading vulnerability disclosure and bug bounty platform connecting businesses with the world's largest community of highly-qualified security researchers. More than 250 organizations including Yahoo!, Slack, Square and Twitter use HackerOne to surface their critical software vulnerabilities before criminals can exploit them. HackerOne is headquartered in San Francisco with offices in the Netherlands. For more information visit www.hackerone.com.

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Security Technologies to Watch in 2017
Emerging tools and services promise to make a difference this year. Are they on your company's list?
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
In past years, security researchers have discovered ways to hack cars, medical devices, automated teller machines, and many other targets. Dark Reading Executive Editor Kelly Jackson Higgins hosts researcher Samy Kamkar and Levi Gundert, vice president of threat intelligence at Recorded Future, to discuss some of 2016's most unusual and creative hacks by white hats, and what these new vulnerabilities might mean for the coming year.