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Next-Gen Cybersecurity Startups

Cybersecurity Startup Strike Obtained a Seed Round for $5.4M

— May 18, 2022 — Business
Strike Security is a "continuous penetration testing platform that combines automation with ethical hackers." The cybersecurity startup recently obtained $5.4 million in a seed round investment. The brand states it will use the funding to make "bug hunting" more accessible to small businesses.

Since Strike Security uses ethical hackers -- or "Strikers" -- alongside automation, the startup is able to offer continuous vulnerability monitoring at a significantly more accessible price than many competitors. Striker integrates with management and communication systems, such as Jira and Slack, to allow developers to remain closely integrated with the platform. It also offers automated reporting for compliance and automated scans on a recurring basis.

“Traditionally, penetration testing is done at most one or two times a year because it is extremely expensive and time-consuming,” stated Santiago Rosenblatt, the 25-year-old founder and CEO of Strike. “In the current context, where the use of digital tools has increased in all areas of our lives, security needs require a different approach, so we created a solution that allows this type of testing to be carried out consistently. Thanks to it, companies can now detect and resolve critical vulnerabilities at a much lower cost and in less time."

Image Credit: Strike Security
Trend Themes
1. Continuous Vulnerability Monitoring - Startups can focus on developing affordable and automated solutions for continuous vulnerability monitoring that can be integrated with management and communication systems.
2. Bug Hunting for Small Businesses - Developers can offer affordable and accessible bug hunting solutions that cater specifically to small businesses' cybersecurity requirements.
3. Automated Reporting for Compliance - Startups can develop platforms that offer automated reporting functionality, ensuring companies remain compliant with regulatory standards.
Industry Implications
1. Cybersecurity - The cybersecurity industry can leverage ethical hackers and automation to develop more affordable and accessible solutions for continuous penetration testing.
2. Small Business - Small businesses can benefit from accessible and affordable cybersecurity solutions that cater to their unique requirements.
3. Compliance and Regulatory Standards - Regulatory bodies can use automated reporting functionality to easily track compliance of companies with cybersecurity regulation.
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