Turkish cybersecurity startup Picus Security raises $45M Series C led by Riverwood Capital, tripling revenue since 2022 and serving 500+ enterprise clients.

Picus Security, a cybersecurity startup established by three Turkish mathematicians, has secured $45 million in Series C funding led by Riverwood Capital, totaling $80 million raised. The firm offers a platform that conducts continuous validation to identify and rectify code and network inconsistencies, serving over 500 enterprise clients, including MasterCard and Visa. With 200 employees, Picus has tripled its revenue since 2022, integrating with 80 security partners.

September 19, 2024
5 Articles