After cracking the US military, HackerOne gets $40 million in funding – The Verge – Today HackerOne announced a Series C financing round of $40 million, which was led by Dragoneer Investment Group. The company will use the funds “to invest further in technology development, expand market reach, and continue to strengthen the world’s largest and most diverse hacker community,” according to a press release. Among HackerOne’s other customers are Adobe, Yahoo, Uber, GitHub, Twitter, Slack, Nintendo, General Motors, Airbnb, and Qualcomm.
“Together we hit harder and the results speak for themselves,” HackerOne CEO Marten Mickos said in a press release. “There’s no such thing as perfect software and bug bounty programs are the most efficient and cost-effective solution for finding security vulnerabilities in live software. With support from Dragoneer we are in the best position to rapidly scale and empower the world to build a safer internet.”