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Cobalt
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Subscription-based penetration testing services for enterprises
Cobalt
Work Here?
Subscription-based penetration testing services for enterprises
About Cobalt
Industries
Cybersecurity
Company Size
201-500
Company Stage
Series B
Total Funding
$35.5M
Headquarters
San Francisco, California
Founded
2013
Overview
Cobalt provides penetration testing as a service (PtaaS) to help organizations identify and fix vulnerabilities in their digital assets. Their service involves simulating cyberattacks to assess security weaknesses, which is essential for protecting sensitive data. Cobalt primarily targets enterprises, including educational institutions, financial services, and technology companies, offering a subscription-based model that allows clients to access continuous, on-demand penetration testing without needing in-house security experts. This approach is different from competitors as it provides a scalable and efficient solution tailored to the specific needs of each organization. Cobalt's goal is to enhance cybersecurity practices for businesses by ensuring they can regularly evaluate and improve their security posture.
Simplify's Take
What believers are saying
- Growing demand for agile pentesting solutions boosts Cobalt's market potential.
- AI-driven cyber threats increase the need for Cobalt's services.
- Market consolidation may allow Cobalt to expand through acquisitions.
What critics are saying
- Departure of key personnel to competitors may impact strategic insights.
- Decline in cybersecurity funding could limit Cobalt's growth opportunities.
- Rising AI-driven cyber-attacks pose challenges to Cobalt's client security.
What makes Cobalt unique
- Cobalt offers a unique Pentest as a Service (PtaaS) model for agile security.
- Their closed community of 400+ testers ensures high-quality, continuous penetration testing.
- Cobalt's SOC 2 Type 1 certification highlights their commitment to security standards.
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Funding
Total Funding
$35.5M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Parental Leave
Wellness Program
Home Office Stipend
Professional Development Budget
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -2%2 year growth
↓ -2%Russian intelligence used a strikingly beautiful female agent to recruit the politician, codenamed Cobalt, as an agent aiming to - among other things - undermine relations between Britain, Ireland and the EU during Brexit negotiations.
Apple is trying to shake up the AI and smartphone landscapes with its new iPhone 16 lineup and a cautious rollout of Apple Intelligence, a suite of AI-powered features unveiled at an event on Monday (Sept. 9). The iPhone 16 and iPhone 16 Plus are built to harness the power of Apple’s forthcoming AI system. These new devices introduce Camera Control, a feature that introduces new ways to capture memories and will help users quickly access visual intelligence to learn about objects or places around them. The phones also boast an upgraded camera system. The devices are powered by Apple’s new A18 chip, which Apple claims delivers a leap in performance and efficiency
As Apple enters the race to bring advanced artificial intelligence (AI) capabilities to consumer devices and services, the tech giant is betting that a strong emphasis on privacy and security will set its offerings apart in an increasingly competitive market. At its annual Worldwide Developers Conference this week, Apple unveiled Apple Intelligence, a broad AI ecosystem that spans its devices and introduces a secure Private Cloud Compute service for handling complex AI tasks. The move comes as businesses increasingly rely on AI for sensitive data processing and analytics, making robust security measures more critical than ever. “Apple’s new Private Cloud Compute service represents the right step forward in the realm of data privacy and security and shows the direction in which all companies should be moving,” Yannik Schrade, CEO and co-founder of computing startup Arcium, told PYMNTS
CLEVELAND, March 14, 2024 /PRNewswire/ -- Advizex, a leading technology provider of infrastructure and enterprise application solutions is warming up for a full-court press this March Madness season. With the rise of AI, cyber-attacks are becoming more sophisticated and frequent. It is estimated that these attacks, and the general loss of productivity from office betting pools, will cost U.S. companies more than $18.3 billion in revenue loss this year, up from $17.3 billion in 2023.Advizex warns of AI cyber threats during March Madness, forecasting $18.3B loss for US companies. Post this Don’t fall victim to cybercriminals! Here are 4 easy tips for staying protected.In 2024 cyber-attacks ranging from data breaches to hostile account takeovers are expected to continue to rise from $8 trillion to $9.5 trillion globally. The rise of AI technology will likely push this cost even higher, with projections suggesting an 11% increase in effectiveness to $10.5 TRILLION in 2025.This use of AI, coupled with the significant rise in online sports betting sets the stage for a perfect pick-and-roll opportunity for cybercriminals
Ronan McCrory has been recruited as Head of Product and joins from industry competitor, Cobalt.io.
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About Cobalt
Industries
Cybersecurity
Company Size
201-500
Company Stage
Series B
Total Funding
$35.5M
Headquarters
San Francisco, California
Founded
2013
Cobalt is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today