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

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.