Hackuity Raises $19 Million to Expand AI Vulnerability Operations Platform

French vulnerability management company Hackuity has raised $19 million in a funding round led by Forgepoint Capital, taking its total funding to $38 million. The Lyon-based company said it will use the investment to accelerate development of its vulnerability operations platform, expand its artificial intelligence capabilities and support growth in Europe and Asia.

Hackuity’s platform aggregates and normalises vulnerability and asset data from more than 130 security products. It combines that information with threat intelligence and business context to help organisations prioritise security weaknesses. Its scoring engine considers vulnerability severity and exploitability, asset criticality, threat activity and potential business impact, while its workflow features coordinate remediation between security, IT, cloud and engineering teams.

The company says the approach addresses the increasing volume of findings produced by scanners, cloud and application security tools, penetration tests and AI systems.

Chief executive and co-founder Patrick Ragaru said Hackuity was founded on the expectation that vulnerability volumes would eventually exceed organisations’ ability to manage them manually. He said newer AI security models were accelerating that trend. Hackuity was founded in 2018 and previously raised roughly $13 million in a 2022 Series A round. Existing investors Bright Pixel Capital, Bpifrance and Seventure Partners also participated in the latest funding.