.
MergerLinks Header Logo

New Deal


Announced

Completed

General Catalyst led a $102m Series E round in Bugcrowd.

Financials

Edit Data
Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Australia

cybersecurity

Acquisition

Private Equity

security researchers

IT Services: Other

Cross Border

Minority

Private

Venture Capital

Completed

Friendly

Single Bidder

Synopsis

Edit

General Catalyst, a private equity firm, led a $102m Series E round in Bugcrowd, a cybersecurity startup, with participation from Rally Ventures and Costanoa Ventures. “We saw an opportunity to make a strategic investment in the crowdsourced security market, with the goal of fostering collaboration between customers and hackers to collectively tackle real threats and vulnerabilities. In our view, the validation from customers, hackers, industry analysts, and the broader cybersecurity community well positions Bugcrowd to be a category-leading company. We look forward to partnering with Dave and team in setting new standards in crowdsourced security,” Mark Crane, General Catalyst Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US