Picus Security

Ankara, Turkey Founded: 2013 • Age: 13 yrs
Vulnerability assessment solutions for production security systems are provided.
Annual revenue - Latest available
Total funding $74.0M 4 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Picus Security

Picus Security is a company based in Ankara (Turkey) founded in 2013 by Hamdi Alper Memis. Picus Security has raised $74 million across 4 funding rounds from investors including Mastercard, Riverwood Capital and Earlybird. Picus Security offers products and services including Security Validation Platform, Breach and Attack Simulation, Automated Penetration Testing, and Adversarial Exposure Validation. Picus Security operates in a competitive market with competitors including SimSpace, Cymulate, Cyberbit, SafeBreach and SCYTHE, among others.

  • Headquarter Ankara, Turkey
  • Founders Hamdi Alper Memis
  • Sectors
    Technology
  • Email
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  • Phone
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  • Legal Name Picus Security Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $74 M (USD)

    in 4 rounds

  • Latest Funding Round
    $45 M (USD), Series C

    Sep 19, 2024

  • Investors
    Mastercard

    & 5 more

  • Employee Count
    Not available
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Products & Services of Picus Security

Picus Security offers a comprehensive portfolio of products and services, including Security Validation Platform, Breach and Attack Simulation, Automated Penetration Testing, and Adversarial Exposure Validation.

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Primary

Platform for simulating attacks to validate security controls.

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Simulates real-world attacks to measure security effectiveness.

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Automates testing to identify and prioritize exposures.

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Provides holistic view of security posture through simulations.

People of Picus Security

Headcount 50-200
Employee Profiles 94
Board Members and Advisors 6
Employee Profiles
People
Tiffanny Jackson-Davey
VP of People & Culture
People
Eren Karabacak
Staff Cyber Security Engineer
People
Çağrı Kılıçoğlu
Software Engineer
People
İhsan Uğur Biltekin
Software Developer

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Board Members and Advisors
people
Oliver Rochford
Board Member
people
Richard Olver
Board Member
people
Hari Bhullar
Advisory Board Member

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Funding Insights of Picus Security

Picus Security has successfully raised a total of $74M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Picus Security

Picus Security has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mastercard, Riverwood Capital and Earlybird.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Carveout investments are managed by Riverwood Capital in private equity.
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Venture advisory and investment services through entities in Guernsey and Istanbul.
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Investor details for Picus Security

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Investments & Acquisitions by Picus Security

Investments
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Investment portfolio details for Picus Security

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Financial Statements - Picus Security

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Detailed financials for Picus Security

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Picus Security Comparisons

Picus Security Primary company
Description
Vulnerability assessment solutions for production security s...
Location
Ankara, Turkey
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Picus Security

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Competitors of Picus Security

Picus Security operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SimSpace, Cymulate, Cyberbit, SafeBreach and SCYTHE, among others.

Company Name Domain Founded year HQ Location Description
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Cyber risk management platform to validate cyber security
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Cloud-based cyber-range solutions are offered for IT security assessments.
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Cloud-based cyber range platform is offered for cybersecurity training.
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Vulnerability assessment and breach prevention solutions are offered through simulations.
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Adversary emulation platform provided for vulnerability assessment.
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Detailed competitors of Picus Security

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Latest news on Picus Security

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Complete news archive for Picus Security

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Frequently Asked Questions about Picus Security

Picus Security was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Picus Security is headquartered in Ankara, Turkey. It is registered at Ankara, Ankara, Turkey.

Hamdi Alper Memis is the current CEO of Picus Security. They have also founded this company.

Picus Security is a funded company, having raised a total of $74M across 4 funding rounds to date.

Picus Security was founded in 2013 in Ankara, Turkey, and operates in the cybersecurity sector. Vulnerability assessments of security systems in production environments are conducted through hosted options for internet vector testing and on-site installations for internal and cross-zone testing. The solutions are delivered as virtual appliances or software compatible with physical or virtual Linux platforms. An attack database is maintained, categorizing threats and dynamic obfuscation techniques employed by hackers.

Picus Security's top competitors include SimSpace, Cyberbit and Cymulate.

Picus Security offers Security Validation Platform, Breach and Attack Simulation, Automated Penetration Testing, and Adversarial Exposure Validation.

Picus Security has 6 investors. Key investors include Mastercard, Riverwood Capital, Earlybird, Turkven, and Nathan Dornbrook.

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