Cybersecurity company Inspectiv today announced the closing of an $8.6 million Series A funding round that will accelerate its use of artificial intelligence to revolutionize how businesses safeguard their operations.

The new Series A funding round, led by StepStone Group with Fika Ventures, Freestyle and Mucker Capital, brings Inspectiv's total funding to more than $16 million. These investments - including follow-on funding from seed-stage investors - are an endorsement of Inspectiv's rapid success in the security field and position the platform for its next stage of growth.

Inspectiv launched in 2018 with a mission to secure the internet and a vision to create a security platform that provides world-class security intelligence designed specifically for agile security teams. Its vulnerability detection platform combines intelligence from crowdsourced security testing and proprietary vulnerability scanning to help companies continuously identify, remediate, and protect against security threats. Customers ranging from early stage startups to enterprise organizations leverage Inspectiv's platform to supercharge their vulnerability detection.