Sprocket Security Raises $8 Million in Series A Funding to Enhance Continuous Penetration Testing Platform

Madison-based offensive security platform, Sprocket Security, announced securing an $8 million Series A investment. Blueprint Equity led the round, with additional participation from Capital Midwest Fund. This new influx of capital aims to expedite the development of Sprocket’s platform, bolster customer success, and broaden its sales and marketing efforts.

Sprocket Security empowers security teams by offering continuous penetration testing services. This approach enables companies to validate their security measures, grasp complex risks, and minimize threats with expert support. CEO Casey Cammilleri emphasized the importance of a hybrid method that combines human expertise with automation to overcome the shortcomings of solely automated solutions.

The company aims to leverage Blueprint Equity’s operational focus and experience in cybersecurity investments to scale its services effectively. John Bonhard of Blueprint Equity, set to join Sprocket’s board, highlighted the vital role of continuous penetration testing in today’s dynamic cybersecurity landscape. Both parties anticipate a fruitful collaboration geared towards meeting the increasing demand for proactive security measures.

With its contributions to the local tech community, Sprocket is poised to play a significant role in advancing Wisconsin’s technology ecosystem.