Hackuity raises $19m for AI-powered vulnerability management

Hackuity has raised $19m in a funding round led by Forgepoint Capital, taking its total funding to $38m. Existing investors Bright Pixel Capital, Bpifrance and Seventure Partners also took part.

The Lyon-based company sells a vulnerability operations platform that aggregates and normalises data from more than 130 security products, adding threat intelligence and business context to help organisations work out which flaws pose the greatest risk. Its scoring engine weighs severity, exploitability, asset criticality, threat activity and business impact, and the platform coordinates remediation across security, IT, cloud and engineering teams.

Hackuity said the money will go towards accelerating development of the platform, strengthening its artificial intelligence capabilities and supporting expansion across Europe and Asia. The company was founded in 2018 and previously raised about $13m in a 2022 Series A round led by what is now Bright Pixel Capital.