Cybersecurity startup VulnCheck has closed its seed round with $7.95 million in total funding.
The Lexington firm says its product can provide users with real-time cyber vulnerability reports. Its automated technology is geared towards large companies and government agencies, according to a news release. VulnCheck says it differentiates itself by solving the problem of prioritization of vulnerabilities at entities where multiple potential threats exist.
Last February, the company announced it had raised its first $3.2 million, led by Sorenson Ventures. Today’s announcement includes $4.75 million in new financing.
VulnCheck’s team includes people with experience in the Boston startup scene, including Rapid7 and Veracode. Its CEO and founder, Anthony Bettini, is a third-time founder, previously launching Appthority and FlawCheck. Before starting VulnCheck in 2021, he was chief technology officer at NTT Application Security.
In the year since it raised the first portion of its seed round, the company said it has hit a number of milestones, including launching a new product called IP Intelligence, which it says identifies vulnerable internet-connected devices.
“VulnCheck is redefining how security teams prioritize which vulnerabilities to address first by enriching data with a real-time assessment of exploit weaponization,” said Sorenson Capital partner Ken Elefant in a statement.
Sorenson Capital invested in VulnCheck, along with previous investments from Dave Cole, co-founder and CEO of Open Raven and former CPO at CrowdStrike and Tenable, and Oliver Friedrichs, founder and CEO at Pangea and former CEO at Phantom and Immunet.
The company says it will use the seed funding to continue product development and grow.
Sign up for The Beat, BostInno’s free daily innovation newsletter from BostInno reporter Isabel Tehan. See past examples here.
