
BugShell GmbH
Bugshell is a community of European ethical hackers that perform penetration tests.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Bugshell is a European startup that specializes in cybersecurity, specifically in performing penetration tests. Penetration tests, or pentests, are simulated cyberattacks on a computer system to check for exploitable vulnerabilities. Bugshell operates a community-driven platform where ethical hackers, also known as white hat hackers, come together to identify and fix security weaknesses in IT systems.
The company primarily serves businesses and organizations that need to ensure their digital infrastructure is secure from potential threats. This includes companies in various sectors such as finance, healthcare, and technology, where data security is paramount. Bugshell's market is the cybersecurity industry, which is growing rapidly due to increasing cyber threats.
Bugshell's business model revolves around connecting skilled ethical hackers with clients who need their systems tested. The platform uses process automation and a mission control system to manage projects efficiently. This makes the penetration testing process smoother and more effective. Bugshell makes money by charging clients for these penetration testing services. They offer a unique value proposition by providing automated and customizable reports, which are verified by experienced in-house pentesters to ensure high quality.
In summary, Bugshell is a cybersecurity platform that leverages a community of ethical hackers to perform penetration tests, helping businesses identify and fix vulnerabilities in their IT systems. The company operates in the cybersecurity market and generates revenue by offering specialized testing services to organizations that prioritize data security.
Keywords: cybersecurity, penetration testing, ethical hackers, white hat, IT security, vulnerability assessment, process automation, mission control, customizable reports, European startup.