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Application Security

PortSwigger Scores Hefty $112 Million Investment

The British company behind the popular Burp Suite pen-test utilities has banked a massive $112 million investment from Brighton Park Capital. The post PortSwigger Scores Hefty $112 Million Investment appeared first on SecurityWeek.

PortSwigger, the British company behind the popular Burp Suite pen-test utilities, has banked a massive $112 million investment after 16 years as a bootstrapped startup.

The company said the capital was provided by Brighton Park Capital, a U.S. investment firm focused on growth-stage companies.

This is PortSwigger’s first-ever external investment since its 2008 launch with software in the web application and penetration testing categories. 

The company’s two flagship products — Burp Suite Professional and Burp Suite Enterprise — are well-entrenched among enterprises looking to automate the security testing of applications and APIs. 

The products offer automated DAST scanning to provide visibility of a web application’s attack surface, and a pen-testing toolkit to automate repetitive testing tasks in the security assessment processes.

PortSwigger says it has about 20,000 customers of all sizes, including Microsoft, Amazon, FedEx, and Salesforce.

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