CovertSwarm secures investment from Beech Tree Private Equity – UK Tech News
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Beech Tree Private Equity has invested in CovertSwarm, a prominent red team-as-a-service and cyber-attack simulation platform. The investment aims to support CovertSwarm’s organic growth strategy and accelerate the development of its proprietary “Offensive Operations Center” software. Founded in 2020 by Anders Reeves, CovertSwarm aims to redefine how enterprise security risks are discovered by constantly outpacing cyber threats through a subscription-based cyber-attack methodology. The company employs a global “Swarm” of skilled ethical hackers and utilizes their Offensive Operations Center software to continuously test customer infrastructure against digital, physical, and social attacks. This approach disrupts the traditional penetration testing market by providing real-time comprehensive understanding of external attack surfaces without incurring additional costs. CovertSwarm’s innovative approach streamlines the cyber risk lifecycle and improves security measures for dynamic and evolving enterprises.
Link: https://uktechnews.co.uk/2023/08/08/covertswarm-secures-investment-from-beech-tree-private-equity/