SafeBreach, an MSSP-friendly company that specializes in breach and attack simulation (BAS) and continuous security validation, has raised $53.5 million Series D funding round.
The Series D funding represents the largest investment to date in a BAS vendor, SafeBreach asserted, and it increases SafeBreach’s total financing to over $106 million.
The funding surfaces a few days after SafeBreach hired Edo Yahav as its VP of R&D and GM for its Israel operations, the company said. Yahav will scale SafeBreach’s Israel engineering team as the business looks to expand its sales and channel footprint.
Yahav has more than 20 years of R&D experience. He previously held R&D roles at Mintigo (acquired by Anaplan), Microsoft and Insightix, and has built engineering teams during his career.
A Closer Look at SafeBreach
SafeBreach provides a BAS and continuous security validation platform that can automatically and safely execute thousands of attack methods to validate an organization’s network, endpoint, cloud, container and email security controls, the company said. The platform evaluates these controls against SafeBreach’s Hacker’s Playbook, which consists of attack data broken down by methods, tactics and threat actors.
MSSPs and end-customers can use SafeBreach’s platform to explore ways to “maximize the efficiency and effectiveness of their security controls and optimize their security spending,” the company noted. They can leverage the platform to simulate cyberattacks and trigger security controls to identify what will be prevented, detected or missed.