# Core Security SDI Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/core-security-sdi

- Industry: Software
- Headquarters: Alpharetta, US
- Website: www.coresecurity.com
- Total disclosed funding: $31M
- Latest round: Series E (Nov 8, 2004)
- Investors on record: 9

## About

Core Security SDI Corporation, based in the US, specializes in enhancing organizational cybersecurity through advanced solutions for threat prevention and identity governance.Founded in 1996, Core Security SDI Corporation operates from Alpharetta, US, focusing on cyber threat prevention and identity governance. The company has secured a total of 7 deals, with its most recent funding round occurring on April 15, 2015. The founders are Dante Otero, Michael Eaglin, and Romina M. The current CEO is Gennaro De Pasquale.Core Security specializes in cyber threat prevention and identity governance, offering an integrated suite of products designed to enhance organizational security. Its core offerings include Core Impact, a penetration testing software that replicates real-world attacks to reveal vulnerabilities, alongside comprehensive security consulting services. Additional products such as Cobalt Strike and Outflank Security Tooling (OST) help businesses navigate complex cybersecurity challenges across various sectors, including healthcare and financial services, enabling effective management of user access and compliance.Core Security’s revenue model is grounded in subscription services and consulting engagements. Clients utilize flagship products like Core Impact and Cobalt Strike, often paired with professional services including penetration testing and security assessments. Pricing plans accommodate diverse organizational needs, typically involving annual subscriptions for software tools and consultancy fees for related services, fostering long-term partnerships with a broad client base across multiple sectors.The company is focused on future growth through the development of new products, although specific upcoming launches have not been detailed. Additionally, Core Security aims to expand its reach into new geographic markets, targeting regions that are experiencing heightened cybersecurity challenges. The funding obtained in April 2015 from K1 Investment Management will be utilized to support these initiatives and enhance the company’s product offerings, further solidifying its presence in the cybersecurity landscape.

## Funding rounds

- Series E, Nov 8, 2004, $5M — Paladin Capital Group, JMI Equity, Questmark Management Company
- Series D, Jan 28, 2003, $9M — JMI Equity, Questmark Management Company, Incline Equity Partners, Bank of America Private Bank, Massachusetts Technology Development Corp.
- Series B, Nov 28, 2000, $13M — JMI Equity, Questmark Management Company, Massachusetts Technology Development Corp., BindView Development, Mission Critical Software, LLC
- Series A, May 11, 1999, $4.1M — JMI Equity, MassVentures, Bank of America Private Bank

## Investors

- JMI Equity (https://capitalatlas.ai/funds/jmi-equity) — Series A, Series B, Series D, Series E
- MassVentures (https://capitalatlas.ai/funds/massventures) — Series A
- Bank of America Private Bank — Series A, Series D
- Questmark Management Company (https://capitalatlas.ai/funds/questmark-management-company) — Series B, Series D, Series E
- Massachusetts Technology Development Corp. — Series B, Series D
- BindView Development — Series B
- Mission Critical Software, LLC — Series B
- Incline Equity Partners (https://capitalatlas.ai/funds/incline-equity-partners) — Series D
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series E