Eu-Startups Hackuity Secures €16 Million Amid Rising Vulnerabilities Driven by AI
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- •Hackuity raised €16 million to enhance its AI-driven vulnerability management platform.
- •AI advancements have led to a significant increase in software vulnerabilities, with many remaining unpatched.
- •The funding will support Hackuity's expansion into European and Asian markets.
Hackuity, a French cybersecurity firm, has raised €16 million ($19 million) in funding to enhance its automated vulnerability management platform. The funding comes as AI technologies have led to a surge in software vulnerabilities, with reports indicating that tools like Anthropic's Claude Mythos have identified over 10,000 serious flaws, most of which remain unaddressed. Hackuity's platform helps organizations prioritize vulnerabilities by aggregating data from over 130 security tools. The investment round was led by Forgepoint Capital International, with participation from existing investors including Bright Pixel and Bpifrance. The total funding for Hackuity now stands at €32 million ($38 million). The company aims to expand its operations across Europe and Asia, addressing the growing challenge of managing security flaws in an increasingly complex threat landscape. Hackuity's solutions reportedly help clients reduce critical vulnerability noise and automate significant portions of exposure management.
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