Amsterdam-based cyberstartup Hadrian shuts down €10.5m Seed for platform that mimics hacker attacks

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As companies grow, they expose themselves more online and become increasingly difficult to protect from a cybersecurity standpoint. One report estimates that 30-40% of a company’s IT infrastructure is not even known to the security team.

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This is how startups with an “offensive” profile emerged to mimic cyberattacks.

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One of these is located in Amsterdam. Adriana hacker-led cybersecurity startup that offers a SaaS platform that simulates an attack.

Completed a €10.5 million seed round led by HV Capital with Picus Capital, Slimmer AI and angels including Adrian Mol, Cohen Koeppen and Niklas Hellman.

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According to Adrian, traditional “manual testing” is time-consuming and labor-intensive and tends to focus on areas that companies already consider vulnerable. Adrian says his platform scans companies’ IT infrastructure to find weaknesses inside and out to gain insight into digital threats and attack vectors.

Rogier Fischer, CEO of Hadrian, said in a statement: “Hadrian understands that CSOs and their teams cannot be expected to pay attention to every potential threat on the attack surface. Our autonomous technology identifies real threats and prioritizes where action is needed, linking urgent tasks to existing workflow tools and processes to ensure that important things are handled first.”

Adrian competes with Randori (raised $29.8 million), RiskIQ (acquired by Microsoft), Cortex and Cycognito (raised $153 million).

Fischer told me, “It’s extremely difficult to extract the value of ASM right now. There are huge amounts of data that analysts will have to comb through. We argue that the value given by ASM right now doesn’t justify the price (which is why insurance companies aren’t using the data yet, or at least they aren’t outperforming insurance companies).”


Credit: techcrunch.com /

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