The ranking recognizes the most dynamic and promising companies in the cybersecurity sector. Specter Ops raised $75 million with Insight Partners, demonstrating an innovative business model. It represents the spirit and technological advances that CRN wants to put forward. Founded in 2017 by a former US Army cyber officer, Specter Ops has developed BloodHound Entreprise. This platform is designed to help companies identify and eliminate an often invisible but critical type of vulnerability: identity-based attack paths. These are combinations of authorizations or access rights which, when put together, enable an attacker to progressively trace sensitive resources or administrator accounts.
According to CyberArk, 93% of organizations have suffered at least two identity-related breaches, and 99% report experiencing negative impacts from these attacks. Globally, this type of attack has jumped 156% since 2023. BloodHound Enterprise therefore seeks to map these paths in the authentication systems most used by large organizations. By clearly visualizing all the potential paths an attacker could take, the platform enables security teams to make precise, concrete decisions to cut off these accesses before they are exploited. Today, it is the first solution on the market to offer such a comprehensive, automated approach to identity risk management.
Specter Ops is on a meteoric rise, with annual recurring revenue set to increase by 100% by 2024.