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September 4, 2013 07:00 pm GMT

Bugcrowd Raises $1.6 Million To Expand Bug Bounty Marketplace

Screen Shot 2013-09-04 at 8.09.29 PMCrowdsourced bug bounty marketplace Bugcrowd has raised $1.6 million from investors to grow the community of 3,000 vetted security penetration testers that can find vulnerabilities and weaknesses in a new feature or application. The Australian startup is hoping to democratise the models commercialised by Facbeook and Google who have paid out millions of dollars to ethical hackers that find and report bugs in their software -- before they're exposed publicly.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_pBVTteALVs/

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