Skip to page content

Cybersecurity Startup with Denver Office Blasts Out of Stealth with $9.75M Seed Round


Cybersecurity
Image via Getty Images.

Randori, a startup that claims to be the 'industry’s first nation-state caliber attack platform,' emerged out of stealth mode today with $9.75 million in seed funding from Accomplice Ventures, .406 Ventures and Legion Capital.

The startup, which is headquartered in Boston and has an office in Denver, is developing an attack platform that will launch 'real attacks' on companies, emulating advanced hacks and threats companies face today.

The cybersecurity industry is full of startups offering penetration testing (pen testing, for short) and simulated attacks that identify vulnerabilities and tackle threats. What Randori claims to do is slightly different: By launching real attacks, the platform aims to provide real-time insights into how attackers view customers’ environments.

"This thinking itself is new," CEO Brian Hazzard told Inno. "What we are building has been around, but only in the hands of the bad guys. The whole industry is stuck in the defender's mindset, and this will flip the table upside down."

Founded in February 2018, the company launched the alpha release of the product in June and has already signed on Fortune 500 companies in oil and gas, financial services, healthcare industries.

Hazzard was one of the first employees at Waltham-based cybersecurity startup Carbon Black and CTO David Wolpoff was a former Red Team lead at cybersecurity solutions company Kyrus Technology. One of the advisors of the startup is the former assistant secretary for policy at Homeland Security, Stewart Baker.

The company will use the proceeds of the round towards expanding its engineering and product teams. The company has 15 full-time employees and plans to increase the headcount to 25 by the end of the year with a focus on product development.


Keep Digging

Boulder Pearl Street Mall
Fundings
Steelhead Composites
Fundings
Fundings
Money stack
Fundings
H3X Technologies cofounders
Fundings


SpotlightMore

See More
See More
See More
See More

Upcoming Events More

Sep
12
TBJ
Sep
24
TBJ
Sep
26
TBJ

Want to stay ahead of who & what is next? Sent Colorado, the Beat is your definitive look at ’s innovation economy, offering news, analysis & more on the people, companies & ideas driving your Follow the Beat forward. Colorado

Sign Up
)
Presented By