Amsterdam and London-based Hadrian, a cybersecurity startup that offers real-time exposure management and automated security testing, announced on Tuesday, January 24, that it has raised fresh funding from ABN AMRO Ventures.
ABN AMRO Ventures is the venture capital investment arm of ABN AMRO. The funding amount has not been disclosed.
Rogier Fischer, CEO of Hadrian, says, “From day one, there was a clear match with our product offering and their security challenges. This investment showcases that our product is not in alpha anymore and is delivering value to large enterprises. Together with ABN AMRO Ventures, we will achieve our mission, to deliver real-time exposure management to a billion digital assets, significantly earlier.”
How is Hadrian helping ABN AMRO?
Digital infrastructures, including ABN AMRO’s, have been growing over the past 10 years and include tens of thousands of digital endpoints. The nature of cyber attacks is also changing as cybercriminals are now automating their attacks to target thousands of companies at the same time.
According to ABN AMRO, the reliable and long-term method of continuously scanning the whole attack surface for these emerging threats is automation. This is where Hadrian is needed.
The company automatically maps exposed assets, identifies hazards, and prioritises remediation for security teams to respond to such challenges.
Hadrian, was founded by a group of hackers and developers after they saw cyber attackers using AI and red teams failing to keep up.
Tiago Teles, Security Lead with ABN AMRO, says, “What’s exciting about what Hadrian is doing is they solved a seemingly impossible puzzle: finding weaknesses in a complex network with human-like detail, at scale, from the outside and continuously.”
“What usually takes a dedicated team of security engineers a few weeks to figure out for one system, they can do in minutes for thousands of systems. This revolutionises the way CISOs of companies with complex IT footprints know where to put their money for a fraction of the cost,” adds Teles.
Hadrian: Everything you need to know
Founded in 2021 by Olivier Beg, Rogier Fischer, Tijl van Vliet, and Maurice Clin, Hadrian aims to renovate proactive security and make security insights autonomous and scalable.
It offers automated security insights through its AI-driven testing SaaS platform and enables detailed attack surface management and risk prioritisation.
Hadrian says that the modular nature of its technology combines ML and AI modules to accurately mimic a hacker’s creativity. The platform is able to scan billions of assets daily to create near-real-time insights on digital threats and attack vectors.
Hadrian’s data stream includes clear defence priorities and integrates easily into existing CISO’s workflow tech stacks.
Dedicated to creating a quicker, precise, and scalable solution to offensive security, its team is made up of hackers and engineers from over 20 different nationalities.
About ABN AMRO Ventures
ABN AMRO Ventures is ABN AMRO’s corporate venture fund. It backs technology firms that are experts in the digitisation of financial services, infrastructure, and goods. The fund has already invested in over 20 businesses, including DFNS, Doconomy, Oper, Quantexa, Solaris, and Upvest.
Currently, it has €150M in assets under management. ABN AMRO Ventures’ previous investments include BehavioSec (exit 2022), OpenInvest (exit 2021), Penta (exit 2022), Tink (exit 2021), and Trifacta (exit 2022).
