Praetorian

Praetorian

Provides ongoing cybersecurity testing services

About Praetorian

Simplify's Rating
Why Praetorian is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Cybersecurity

Company Size

51-200

Company Stage

Series A

Total Funding

$10M

Headquarters

Austin, Texas

Founded

2010

Overview

Praetorian provides ongoing cybersecurity testing services to protect various infrastructures, including IoT devices, SaaS applications, mobile apps, cloud systems, and corporate networks. Their approach involves continuous security analysis rather than one-time evaluations, allowing clients to identify and fix vulnerabilities as they emerge. This subscription-based model enables clients to enhance their security without needing extensive in-house capabilities. Praetorian's services include defensive enablement, purple team exercises, red team operations, incident response, and automated security analysis, helping clients maintain a high level of security over time.

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Simplify's Take

What believers are saying

  • Increased demand for AI-driven cybersecurity aligns with Praetorian's innovation focus.
  • Growing interest in Kubernetes security tools boosts Praetorian's Konstellation tool adoption.
  • Zero-trust architecture adoption presents opportunities for specialized security assessments.

What critics are saying

  • AI-driven threats could outpace Praetorian's current capabilities.
  • Quantum computing may challenge Praetorian's encryption-based security solutions.
  • IoT ecosystem complexity may introduce hard-to-detect vulnerabilities.

What makes Praetorian unique

  • Praetorian offers continuous security testing, unlike traditional one-time evaluations.
  • Their subscription model ensures ongoing security analysis and vulnerability management.
  • Praetorian's expertise extends across IoT, SaaS, cloud, and critical infrastructure security.

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Funding

Total Funding

$10M

Below

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$10M
Praetorian
$15M
Canva
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Employee Stock Purchase Plan

Paid Maternity Leave

Paid Paternity Leave

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 4%

1 year growth

↑ 4%

2 year growth

↑ 0%
PR Newswire
May 6th, 2025
Ur® Codes Pass Rigorous Independent Security Testing

Praetorian Security attests to the protocol's secure-by-design architectureSUMMERLIN, Nev., May 6, 2025 /PRNewswire/ -- FaceTec announced that its digitally-signed biometric barcode UR® Code protocol successfully passed Praetorian Security Inc's rigorous reverse engineering testing process and its risk-informed security assessment as the company continues to expand its industry-leading position in global 3D Face Verification and digital identity software.Praetorian completed reverse engineering analysis of the UR Code's SDK focused on identifying internal hashing mechanisms, encryption keys, and customer PII. During the analysis, Praetorian identified the following:0 Critical Risk Issues0 High Risk Issues0 Medium Risk Issues0 Low Risk Issues0 Informational Risk IssuesComplete attestation letters can be found here:www.urcodes.com/Praetorian_FaceTec_UR_Code_Security_Letter.pdfwww.urcodes.com/Praetorian_FaceTec_UR_Codes_Reverse_Engineering_Analysis_Letter.pdfPraetorian also tested security controls related to robust code obfuscation, like dead code insertion, control flow flattening, and variable, class, and function renaming.UR Codes enable legal identity-issuing authorities to provide machine-readable codes that bind together the legal identity data and biometric face data of a code holder. UR Codes provide similar privacy-protecting biometric security to e-passports, but without the usability and durability problems, or the exorbitant costs of scannable NFC chips.UR Codes are generated by issuing authorities using secure UR Encoder software that runs behind their own firewall. The issuing authority encodes the identity information and feature vector data from the face photo of the person who is being issued the UR Code. A digital signature is then derived and also encoded, verifying that the identity data was truly issued - as encoded - by the listed issuing authority. Using each issuer's unique public/private encryption key pair, the software cryptographically signs each UR Code, making them provably immutable

PRWeb
Jan 11th, 2024
Praetorian Appoints David Hunt As Vice President Of Applied Research

"David's exceptional track record in cybersecurity and his experience developing tools at the intersection of security and artificial intelligence makes him an invaluable addition to our company. David's leadership will be instrumental in driving our mission to innovate on behalf of our customers.". .

Praetorian
Oct 26th, 2023
Refresh: Compromising F5 BIG-IP With Request Smuggling | CVE-2023-46747

Praetorian Group targeted the F5 BIG-IP Virtual Edition with the goal of finding an unauthenticated vulnerability that would result in complete compromise of the target server.

Security Boulevard
Aug 1st, 2023
Introducing konstellation, for Kubernetes RBAC analysis

Praetorian is excited to announce the upcoming release of Konstellation, a new open-source tool that simplifies Kubernetes role-based access control (RBAC) data collection and security analysis.

Praetorian
May 16th, 2023
Praetorian Named 2023 Cloud Security Awards Finalist

Praetorian Security, Inc. announced today it has been named a finalist in The Cloud Security Awards 2023 in the Best Security Solution in Risk Identification category for its Chariot Managed Service Solution.

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