HackerOne
| Private | |
| Industry | Cybersecurity |
| Founded | 2012 |
| Founders | Michiel Prins, Jobert Abma, Alex Rice and Merijn Terheggen |
| Headquarters | San Francisco, California |
|
Key people
|
Mårten Mickos (CEO) |
| Website | hackerone |
HackerOne is a vulnerability disclosure company based in San Francisco, California, which established a bug bounty platform that connects businesses with security researches.[1][2] The company has an additional office located in the Netherlands and its clients include companies such as Twitter, Slack, Adobe, Yahoo, LinkedIn and Airbnb.[1] HackerOne is one of the first companies to embrace and utilize hackers as part of its business model.[2][3]
History
In 2011, Jobert Abma, Michiel Prins, and Merijn Terheggen attempted to find vulnerabilities in 100 high-tech companies.[1] They found security vulnerabilities in Facebook, Google, Apple, Microsoft, Twitter and 95 other companies' systems.[1] Abma, Prins, and Terheggen met Alex Rice, Facebook's head of product security, after notifying the company that its system had a software vulnerability.[1] They founded HackerOne in 2012.[4] In November 2013, the company announced that it would host the Internet Bug Bounty project, a program encouraging the discovery and disclosure of internet bugs, funded by Microsoft and Facebook.[5]
In May 2014, HackerOne received $9 million in Series A funding from Benchmark.[6][7] Bill Gurley, Benchmark's general partner, joined HackerOne's board of directors as part of the deal.[6] John Hering, executive chairman of Lookout, joined the board of directors as well. Additionally, the company hired Katie Moussouris, former Microsoft lead security strategist, as Chief Policy Officer.[8][9] In 2015, HackerOne opened an office in the Netherlands on the campus of The Hague Security Delta (HSD), known as the European cyber security capital.[10]
The company announced a $25 million Series B funding round in June 2015.[2][3][11] The round was led by New Enterprise Associates and included investments from Marc Benioff, Yuri Milner, Drew Houston, Jeremy Stoppelman, David Sacks, Brandon Beck and Nicolas Berggruen.[4][12] Following the funding round, New Enterprise Associates' general partner Jon Sakoda joined HackerOne's board of directors.[3]
Operations
HackerOne develops a vulnerability coordination and bug bounty platform.[13] Companies pay hackers through the platform as a reward for identifying vulnerabilities in their systems and products.[14] The platform enables secure intelligence report sharing, payment and a reputation system for hackers.[13] By June 2015, HackerOne's platform identified approximately 10,000 vulnerabilities and paid hackers over $3 million.[4][15] At that time, the company's network of 1,500 hackers spans 150 countries.[3][15]
References
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- ↑ 15.0 15.1 Lua error in package.lua at line 80: module 'strict' not found.
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