SafeBreach Valuation, Funding & Investors
SafeBreach is valued at $62M as of May 2018.
Last SafeBreach valuation
$62M
Series B · May 2018
Last SafeBreach funding round
$54M
Series D · Nov 2021
Cumulative funding SafeBreach raised
$107M
across 5 funding rounds
Key investors in SafeBreach
Sequoia Capital
DTCP
DNX Ventures
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Shlomo KramerHewlett Packard Pathfinder
Sands Capital Ventures
About SafeBreach
SafeBreach is a Sunnyvale-based cybersecurity firm pioneering breach and attack simulation with its Hacker's Playbook of 25,000 methods. Used by enterprises including Fortune 500 companies, the platform validates controls against real-world threats and optimizes SOC operations through continuous testing.
Founded
2014
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$62M (May 2018)
SafeBreach Valuation
SafeBreach is currently valued at $62M, based on its Series B in May 2018.
The $15M round was led by DNX Ventures, with participation from Pathfinder, Sequoia Capital, DTCP and Emerald Development Managers.
SafeBreach valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2018 | Series B | $62M |
SafeBreach Funding History
SafeBreach has raised a total of $107M across 5 funding rounds.
SafeBreach's first fundraising round was a $4M seed round in July 2015. The most recent completed round was a $54M Series D in November 2021.
SafeBreach funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2021 | Series D | Bright Pixel (lead); Israel Growth Partners (lead); ServiceNow; Leumi Partners; Sands Capital Ventures | $54M | - | SafeBreach, a pioneer in breach and attack simulation (BAS), raised $53.5 million in a Series D funding round on November 9, 2021, led by Bright Pixel Capital (Sonae IM) and Israel Growth Partners, with participation from Sands Capital, Bank Leumi (Leumi Partners), and ServiceNow Ventures. This round brought total funding to over $106 million across five rounds, marking the largest investment to date in a BAS vendor. The capital aims to expand market footprint to new geographies and evolve offerings for large global enterprises in sectors like financial services, healthcare, manufacturing, telecommunications, and retail. The investment more than doubles prior funding in SafeBreach, supporting growth in the BAS market amid rising demand for continuous security validation to assess controls, improve posture, and mitigate risks. CEO Guy Bejerano highlighted the need for a holistic risk view beyond adding more security products. Investors like IGP view SafeBreach as a category leader with strong potential to dominate the growing BAS space. |
| Apr 2020 | Series C | OCV (lead); Hewlett Packard Pathfinder; DNX Ventures; Sequoia Capital; DTCP | $19M | - | SafeBreach is a breach-and-attack simulation (BAS) platform provider founded in 2014, headquartered in Sunnyvale, California. The company's patented platform provides a near real-time hacker's view of an enterprise's security posture to proactively predict attacks, validate security controls, and improve security operations center analyst response capabilities. In April 2020, SafeBreach secured $19 million in Series C funding led by OCV Partners with participation from previous investors. The round brought the company's total capital raised to over $50 million. At the time of the funding announcement, SafeBreach reported that during the preceding 12 months, the volume of monthly simulations running on SafeBreach BAS platforms worldwide had grown at a triple-digit rate, reaching 1.5 billion monthly simulations at peak volume. The company had aggressively expanded its product offerings and integrations into areas including cloud-native security, risk-based vulnerability management, and security validation for remote workforces. By 2020, SafeBreach held a market-leading 18.9% share of the global BAS market according to Frost & Sullivan analysis, with at least two-thirds of its revenue derived from new market opportunities across multiple verticals and regions. |
| May 2018 | Series B | DNX Ventures (lead); Pathfinder; Sequoia Capital; DTCP; Emerald Development Managers | $15M | $62M | SafeBreach is a breach and attack simulation platform that executes active hacker breach scenarios to validate security controls and identify vulnerabilities before attackers exploit them. The company, founded in 2014 by experienced CISOs, hackers, and security entrepreneurs, provides continuous security validation using its patented Hacker's Playbook, the largest collection of attack data. In May 2018, SafeBreach raised a Series B round led by DNX Ventures, with participation from DTCP, Sequoia Capital, Emerald Development Managers, and Pathfinder, at a post-money valuation of $61.57 million. The round size was $15 million, as referenced in contemporaneous reports. SafeBreach's platform serves large enterprises across financial services, healthcare, manufacturing, telecommunications, and retail to improve security posture and mitigate risks. |
| Jul 2016 | Series A | Shlomo Kramer; Hewlett Packard Pathfinder; Maverick Ventures Israel; Sequoia Capital; DTCP; Cerca Partners | $15M | - | SafeBreach raised $15 million in venture funding on July 26, 2016, from investors including Cerca Partners, DTCP, Hewlett Packard Pathfinder, Maverick Ventures Israel, Sequoia Capital, and Shlomo Kramer. This was the company's second funding round, following a prior $4 million raise. The Sunnyvale-based network security startup develops technology providing companies with a hacker's view of their security posture to proactively predict attacks and validate controls. |
| Jul 2015 | Seed | Sequoia Capital (lead); Shlomo Kramer | $4M | - | SafeBreach is a cybersecurity company founded in 2014 by Guy Bejerano (CEO) and Itzik Kotler (CTO) that provides a breach and attack simulation platform enabling organizations to continuously identify and mitigate the impact of potential breaches. The platform incorporates breach methodologies and operates as a distributed network of breach simulators from a centralized location, available as SaaS or on-premise. In July 2015, SafeBreach raised $4 million in Series A funding led by Sequoia Capital with participation from serial entrepreneur Shlomo Kramer. The company planned to use the capital to expand development in Israel and the United States. SafeBreach went on to raise significantly more capital in subsequent rounds, ultimately raising over $106 million across five funding rounds by November 2021, when it closed its Series D for $53.5 million. |
Who has invested in SafeBreach?
15 investors have backed SafeBreach across its funding rounds, including Sequoia Capital, DTCP, DNX Ventures, Shlomo Kramer, Hewlett Packard Pathfinder and Sands Capital Ventures.
Lead investors include Bright Pixel, Israel Growth Partners, OCV, DNX Ventures and Sequoia Capital.
SafeBreach Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 4 | Lead | Jul 2015 | |
 Hamburg | 3 | Participant | Jul 2016 | |
| Shlomo Kramer |  Tel Aviv | 2 | Participant | Jul 2015 |
| San Francisco, CA | 2 | Participant | Jul 2016 | |
| San Francisco, CA | 2 | Lead | May 2018 | |
| Santa Clara, CA | 1 | Participant | Nov 2021 | |
| Tel Aviv | 1 | Participant | Nov 2021 | |
| Washington, DC | 1 | Participant | Nov 2021 | |
| San Francisco, CA | 1 | Participant | May 2018 | |
| Tel Aviv | 1 | Participant | Jul 2016 | |
| Los Angeles, CA | 1 | Lead | Apr 2020 | |
 Porto | 1 | Lead | Nov 2021 | |
| Herzliya | 1 | Lead | Nov 2021 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSafeBreach Competitors
SafeBreach competitors include listed companies like Intercede Group and Innovana Thinklabs, and private ones like BlackFog, Crogl, OSlash and Fleet Device Management.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $60M | - | |
| Albuquerque, NM | Private | - | - | $73M | - | |
| United States | Private | - | - | $50M | - | |
| San Francisco, CA | Private | - | - | $100M | - | |
 United Kingdom | Publicly listed | $23M | $5M | $101M | 3.0x | |
 India | Publicly listed | $14M | $6M | $64M | - |
SafeBreach Public Comps
SafeBreach is still privately-owned, but its public comps include Innovana Thinklabs, ESTsoft, Castellum, Cyberoo, LGMS, Audius, WISeKey, World Health Energy Holdings, Freja eID Group and Elliptic Laboratories.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $14M | $6M | 5.1x | - | 12.2x | - | |||
| $78M | ($9M) | 0.5x | - | (4.2x) | - | |||
| $53M | ($695K) | 0.8x | 0.8x | (61.0x) | 118.8x | |||
| $33M | $10M | 1.7x | 1.7x | 5.6x | 5.2x | |||
| $11M | $4M | 3.9x | 3.8x | 11.9x | 14.2x | |||
| $127M | $10M | 0.4x | 0.4x | 5.2x | 5.3x | |||
| $19M | ($44M) | 2.9x | 2.0x | (1.3x) | (1.3x) | |||
| $166K | ($4M) | 359.0x | - | (14.3x) | - | |||
This data is available for Pro users. Sign up to see all SafeBreach competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SafeBreach
| When was SafeBreach founded? | SafeBreach was founded in 2014. |
| Where is SafeBreach headquartered? | SafeBreach is headquartered in San Francisco, CA, United States. |
| Is SafeBreach publicly listed? | No, SafeBreach is a private, VC-backed company. |
| What is SafeBreach's valuation? | SafeBreach was last valued at $62M in its Series B in May 2018. |
| How much funding has SafeBreach raised? | SafeBreach has raised $107M across 5 funding rounds. |
| What was SafeBreach's last funding round? | SafeBreach's last funding round was a $54M Series D in November 2021, led by Bright Pixel and Israel Growth Partners. |
| Who are SafeBreach's investors? | SafeBreach's investors include Sequoia Capital, DTCP, Shlomo Kramer, Hewlett Packard Pathfinder, DNX Ventures, ServiceNow, Leumi Partners, Sands Capital Ventures, Pathfinder, Maverick Ventures Israel and 5 others. |
| Which companies are comparable to SafeBreach? | Companies comparable to SafeBreach include BlackFog, Crogl, OSlash, Fleet Device Management, Intercede Group and Innovana Thinklabs. |
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