Dutch Start-up HackerOne Raises $25 Million to Make the Internet Safer

The Dutch American start-up HackerOne, makers of a bug bounty platform where companies pay hackers to find vulnerabilities in their products, announced a Series B financing of $25 million today.

The round was led by New Enterprise Associates. Benchmark, its lead Series A investor, also participated along with several prominent individual investors including Salesforce.com CEO Marc Benioff, Digital Sky Technologies Partner Yuri Milner, Dropbox CEO Drew Houston, Yelp CEO Jeremy Stoppelman, Zenefits COO David Sacks, Riot Games CEO Brandon Beck and Berggruen Holdings founder Nicolas Berggruen, among others. 

HackerOne has built an incredible platform that connects organizations with thousands of
hackers worldwide to help defend enterprise and governments,” said Jon Sakoda, general
partner, NEA. “Embracing the hacker community is one of the most promising opportunities in
security, and I am thrilled to be part of HackerOne’s continued growth and development.”

HackerOne is headquartered in San Francisco with offices in the Netherlands and is network partner of HSD. Three out of four co-founders of the start-up are Dutch, which draws attention to The Netherlands as a frontrunner in Cyber Security and our responsible disclosure guideline.

Following Authasas and Redsocks, this is the next startup in the HSD network that has received funding to grow further.

Read the official press release in Dutch or English