Vulcan Cyber, developers of vulnerability remediation orchestration platform for application and cloud security, has secured a $21 million Series B round led by Dawn Capital.
There was participation from Wipro Ventures and existing Vulcan Cyber investors YL Ventures and Ten Eleven Ventures.
Vulcan Cyber will use the funds to support the rollout of new vulnerability remediation solutions for cloud and application security teams, and to deliver Vulcan Free. Vulcan Free is the industry’s first, free risk-based vulnerability management (RBVM) platform for vulnerability and cyber risk prioritization.
Vulcan Cyber will use the fund to fuel product R&D. The company will enhance its freemium strategy with Remedy Cloud, the world’s largest free database of vulnerability intelligence, and will introduce Vulcan Free as the only free vulnerability prioritization and risk-based vulnerability management platform.