Nucleus Security has announced that it has secured $20 million in Series B funding led by Lead Edge Capital, including Arthur Ventures.
Arthur Ventures, a Series A investor in Nucleus, is also participating in the round. This funding will be used to accelerate product development and improve the customer experience, scale engineering and support services, expand Nucleus’ presence in the APAC region, as well as invest in staff and business culture.
“Providing the best customer experience and risk-based vulnerability management platform for large enterprises remains our top priority. To do this, we believe it is essential to invest in our team and ensure that Nucleus remains one of the best cybersecurity startups to work for,” said Steve Carter, co-founder and CEO of Nucleus . “This funding round is an exciting milestone for Nucleus, and we are grateful for the support from Lead Edge Capital and Arthur Ventures. Last year, we more than quadrupled our headcount and more than tripled our ARR, so we’re only just beginning our mission to revolutionize vulnerability management.
As a next-generation vulnerability management platform, Nucleus breaks down traditional vulnerability information silos and enables large enterprises to implement a comprehensive, intelligence-driven vulnerability management program across the enterprise. organization. Nucleus sits at the intersection of vulnerability data, asset intelligence and integrated threat intelligence, providing relevant contextual data and enabling automated response at scale.
Integrating with over 100 external scanners and tools, Nucleus unifies existing security stacks into a single platform for vulnerability teams to eliminate laborious manual data analysis, control the chaos of triage, remediation and monitoring of vulnerabilities, and accelerate decision-making and prioritization.
“Organizations are overloaded with alerts from vulnerability tools and struggle to determine which vulnerabilities to fix will have the most impact. Nucleus is redefining the category of vulnerability management software as a single source of record for all assets, vulnerabilities and associated data,” added Avery Rosin of Lead Edge Capital, a growth capital investment fund that has invested in cybersecurity in high-growth companies like Duo Security and Signal Sciences. Nucleus helps organizations mature their vulnerability management programs, making teams more productive and providing better visibility into complex environments.The Nucleus platform is quite powerful, and there are a ton of opportunities out there. that the team continues to deliver innovative capabilities to customers. We are excited to support the Nucleus team on the path to strong growth. session to come. »
This funding comes on the heels of company news in early 2022, including Nucleus’ strategic partnership with Mandiant and the appointment of Andrew Peterson to the Nucleus Advisory Board. Later this year, customers can expect more integrations, updates to the workflow and vulnerability automation engine, customizable views and dashboards, and prioritization and functionality. enhancements within the Nucleus platform.