Inspectiv raises $8.6M to help companies protect against security threats

inspection announced the closing of an $8.6 million Series A funding round that will accelerate the use of artificial intelligence to revolutionize the way companies protect their operations.

Inspectiv is a vulnerability detection platform that combines information from crowdsourced security testing and proprietary vulnerability scanning to help companies continuously identify, remediate and protect security threats.

The new Series A funding round, led by StepStone Group with Fika Ventures, Freestyle and Mucker Capital, brings Inspectiv’s total funding to more than $16 million. These investments — including follow-up funding from early stage investors — confirm Inspectiv’s rapid success in security and position the platform for the next phase of growth.

The funding will drive Inspectiv’s extensive use of artificial intelligence, building on its global network of thousands of security researchers, to provide companies with a unique depth of vulnerability prevention. As Inspectiv researchers identify new vulnerabilities, the platform integrates and automates that detection for future monitoring, allowing companies to take advantage of the network effect of the large arsenal of highly valuable threats, and freeing researchers to focus on finding more complex and targeted threats .

Inspectiv has expanded its leadership structure to support this next phase of growth.

Ryan Disraeli, co-founder of TeleSign, will assume the role of chief executive officer. Disraeli co-founded TeleSign and helped grow the company as CEO to more than $300 million in annual revenue.

Disraeli will work closely with Founder and Executive Chairman Joseph Melika, who will continue to lead product strategy, leveraging his domain expertise from more than 20 years in the field, including positions at Viacom and Verizon.

“We have a huge opportunity to close the gap between the vulnerabilities that companies discover with current tools and those that are exploited by bad actors,” Melika said. “Our research community is constantly pushing through the bad-actor perspective to provide high-impact vulnerabilities without all the noise. And as we scale to the next phase of the business, I’m thrilled to be working with Ryan to take Inspectiv up a notch. scale and capitalize on our momentum.”

“I’m excited to come on board at a time of great growth for the company,” Disraeli said. “Inspectiv has a powerful vision to revolutionize the way we protect businesses from cyberthreats, combining automation with our global team of researchers. We have the funding and leadership team to execute that strategy.”

Other key new hires include:

  • Karen Nguyen as Chief Revenue Officer. Karen was most recently VP of Sales at Cobaltwhere she increased revenue and customer acquisition tenfold, and was previously Director of Enterprise Sales at upwork
  • Ray Espinoza as CISO. He was previously VP of Cloud Security at Medal and CISO at Cobalt, Atmosera and Proof
  • Ross Hendrickson as VP Engineering. He was most recently VP of Engineering at Ada and previously Head of Engineering at Vertex and in senior technical leadership at Activities

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