Vicarius, an Israel-based startup that develops an autonomous end-to-end vulnerability remediation platform, has raised $30 million in Series B funding, bringing its total raised over $56 million.
SaaS Investors
The round was led by Bright Pixel Capital, with participation from AllegisCyber Capital, AlleyCorp, Strait Capital, and existing investor JVP.
Founded in 2015, Bright Pixel Capital is a venture capital firm based in Maia, Portugal. The firm seeks to invest in companies operating in the cybersecurity, retail technologies, and infrastructure software sectors.
Vicarius Use of Funds
The company will use the new funding will be used to accelerate its global expansion and support its growing customer base.
About Vicarius
Founded in 2016 by Michael Assraf, Yossi Ze’evi and Roi Cohen, Vicarius develops an autonomous end-to-end vulnerability remediation platform called vRx, which helps security teams protect critical applications and assets against software exploitation. The company has grown its customer base to over 400 clients, including PepsiCo, Hewlett Packard Enterprise (HPE), Bupa, and Equinix.
Funding Details
Company: Vicarius Ltd.
Raised: $30.0M
Round: Series B
Funding Month: January 2024
Lead Investors: Bright Pixel Capital
Additional Investors: AllegisCyber Capital, AlleyCorp, Strait Capital, and JVP
Company Website: https://www.vicarius.io/
Software Category: Cybersecurity
Source: https://www.calcalistech.com/ctechnews/article/skhninsk6