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Bug Bounty Platform Funding: Intigriti Raises Over $23 Million

Computer bug, failure or error of software and hardware concept, miniature red ladybug on black computer motherboard PCB with soldering, programmer can debug to search for cause of error. (Computer bug, failure or error of software and hardware concep

Intigriti, a European bug bounty and vulnerability disclosure platform provider, has secured €21 million (over $23 million) in a Series B funding round.

With the funding, Intigriti will grow its headcount to more than 200 employees worldwide, the company said. It also will explore ways to bolster its platform's vulnerability detection, reporting and validation capabilities.

Organizations can use Intigriti's platform to launch bug bounty programs designed to identify security vulnerabilities and stop data breaches, the company indicated. They can customize these programs and choose from over 40,000 independent security researchers to run them.

Furthermore, Intigriti's platform provides security vulnerability reports from the company's researcher community, the business noted. These reports give organizations insights into new security vulnerabilities, along with recommendations on how to guard against them.

Security researchers also can earn up to €50,000 (approximately $53,000) for reporting a bug on Intigriti's platform. To date, Intigrit have paid more than €3 million (approximately $3.2 million) in bounties.

Intigriti Partners with Intel, Atos

Intigriti's has partnerships with major technology companies and MSSPs -- including Intel and Atos, among others.

Intel in December 2021 began using Intigriti's platform for its bug bounty program. With the program, Intel is using Intigriti's platform to identify data protection issues as part of its Security First Pledge, the chip giant stated.

Also, Atos, a global IT consulting firm with a Top 250 MSSP business unit, announced a bug bounty offering that combines Intigriti's platform with the company's cybersecurity services. The offering customers enables Atos customers to develop bug bounty programs that encompasses penetration testing, threat monitoring and other security capabilities.

Intigriti, a European bug bounty & vulnerability disclosure platform provider, adds over $23M in funding & will expand its global workforce.

Dan Kobialka

Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.