October 25, 2023 at 11:15AM
Michigan startup Censys has secured $75 million in funding, including a $50 million Series C venture round and $25 million in debt funding. The funding was led by SVB Capital and included investors such as Decibel Partners, GV, Greylock, and Intel Capital. Censys offers technology to help organizations automate security problem detection and resolution. The company has experienced significant growth and counts Google, NATO, and the US Department of Homeland Security among its customers. The attack surface management category is increasingly important for vulnerability and patch management in exposed assets.
Key Takeaways from Meeting Notes:
1. Michigan startup Censys has secured $75 million in new funding for its technology that helps automate the identification and resolution of security issues.
2. The funding includes a $50 million Series C venture round led by Decibel Partners, GV, Greylock, and Intel Capital, as well as $25 million in debt funding led by SVB Capital, Silicon Valley Bank.
3. Censys specializes in Internet-wide scans for exposed corporate assets, competing with companies like Randori, Bishop Fox, NCC Group, and CyCognito.
4. The company boasts the most comprehensive and accurate collection of global internet infrastructure data and offers technology to enhance the data with context for making informed security decisions.
5. Censys has experienced significant growth, with 130% annual recurring revenue (ARR) growth since its previous funding round led by Intel Capital.
6. Notable customers of Censys include Google, NATO, the Swiss Armed Forces, and the U.S. Department of Homeland Security.
7. The attack surface management market, which addresses vulnerability and patch management for exposed internet assets, is gaining importance.
8. Related news includes Censys’ previous Series B investment of $35 million, CyCognito’s $100 million investment for attack surface management, Microsoft’s acquisition of threat intelligence vendor RiskIQ, and the growing trend of continuous attack surface management.