Patrowl, a French startup that provides a cybersecurity solution for businesses, has raised €2 million in a funding round led by Cyber Impact Ventures, Auriga Partners, Bpifrance, the Île-de-France region, and a pool of business angels. The funds will enable Patrowl to further establish itself as the leading French pentest as a service provider and to expand its offerings to the United States.
Founded in 2020 by Nicolas Mattiocco, Vladimir Kolla, and Florent Montel, Patrowl's solution continuously and automatically discovers vulnerabilities affecting all the assets that businesses expose on the internet. Its solution offers mapping and continuous testing of assets on the internet, identifies weaknesses, and proposes a remediation plan and means of executing corrections.
Cyber Impact Ventures is a venture capital firm that invests in cybersecurity startups, while Auriga Partners is a Paris-based venture capital firm that invests in innovative companies in the technology, life sciences, and energy sectors. Bpifrance is a French public investment bank that provides funding and support for French companies, and the Île-de-France region is a local authority that provides funding and support for businesses in the Paris region.
Patrowl's funding round highlights the growing importance of cybersecurity in the current business landscape. As businesses increasingly rely on the internet to conduct their operations, cybersecurity threats have become more prevalent and sophisticated. Patrowl's solution offers a comprehensive approach to identifying and remediating vulnerabilities, making it an attractive option for businesses looking to protect themselves from cyber attacks.
In conclusion, Patrowl's recent fundraising round provides the company with the resources to further establish its position as a leader in the French pentest as a service market and expand its offerings to the United States. The involvement of Cyber Impact Ventures, Auriga Partners, Bpifrance, the Île-de-France region, and a pool of business angels highlights the growing importance of cybersecurity as an investment opportunity and the potential for Patrowl's solution to address the needs of businesses in this space.
