Lyon-based vulnerability management startup Hackuity has secured $19 million in a Series B funding round. The investment was led by Forgepoint Capital International, with participation from existing investors Bright Pixel, Bpifrance, and Seventure Partners.
The company has now raised a total of $38 million. Hackuity was founded by Pierre Samson and Patrick Ragaru, former managing directors at a cybersecurity services firm later acquired by Orange. The platform currently supports over 6,000 users.
Hackuity aggregates data from more than 130 security tools to prioritize vulnerabilities based on risk and business impact. The company claims its automated approach can reduce critical alerts to 0.01% and increase remediation speed by 3x.
The startup employs over 40 people, primarily in Lyon, and maintains a go-to-market office in Singapore. Its client base includes major corporations such as ENGIE and BPCE. The global vulnerability management market is valued at $19 billion.
