Bugcrowd Recognized as 2018 CRN Emerging Vendor

The Leading Crowdsourced Security Platform Delivers Innovation to the IT Channel

SAN FRANCISCO, July 24, 2018 (GLOBE NEWSWIRE) -- Bugcrowd, the leader in crowdsourced security, announced today that CRN®, a brand of The Channel Company, has named Bugcrowd to its 2018 Emerging Vendors List in the Security category. This list recognizes recently founded, up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations. The list is divided into seven categories: Cloud, Data Center, Security, Big Data, Unified Communications, Internet of Things (IoT) and Storage. In addition to celebrating these notable companies, the Emerging Vendors list serves as a valuable resource for solution providers looking to expand their portfolios with cutting-edge technology. Bugcrowd bug bounty and vulnerability disclosure programs uncover seven times more high priority vulnerabilities than traditional security assessment methods.

In the last few years, organizations around the world have witnessed a continued increase in the number of vulnerabilities. At the same time, CISOs are in a crisis for resources. By 2020, there will be an estimated 1.5 million unfulfilled security positions. To stay ahead of these adversaries, companies are depending more and more on the crowdsourced security model to realize their own vulnerabilities before the bad guys do. According to Gartner Research, crowdsourced security platforms are gaining traction in the marketplace. In its latest CISO survey, Bugcrowd found that 30% of CISOs plan on implementing crowdsourced security programs in the next year.

Bugcrowd’s innovative approach marries art and science to level the cybersecurity playing field. By combining a robust platform, the creativity and skill of a global crowd of trusted security researchers, and a dedicated team of experts, Bugcrowd ensures that its customers reduce risk and bring secure products to market faster. Many of the world’s leading brands, including Atlassian, Motorola, FitBit, Netflix, NETGEAR, Arlo, and Fiat Chrysler Automobiles, trust Bugcrowd to manage their bug bounty, vulnerability disclosure and next-generation penetration test programs.

“The technology suppliers on CRN’s 2018 Emerging Vendors list are creating a bright future for the IT channel, aggressively developing products to meet complex IT market demands, while positively impacting the bottom line of solution providers,” said Bob Skelley, CEO, The Channel Company. “The array of leading-edge products delivered by these organizations will have a lasting impact on the channel for years to come.”

“Attack surfaces are growing at a breakneck pace – traditional defenders and tools simply cannot keep up which creates a broken status-quo that needs to be addressed,” said Ashish Gupta, CEO, Bugcrowd. “By combining the world’s most experienced team of security experts and the market’s only enterprise-grade crowdsourced security platform, Bugcrowd connects organizations to a global crowd of trusted security researchers to identify vulnerabilities—before adversaries can take advantage of them.”

The complete Emerging Vendors list will be featured online at www.crn.com/emergingvendors.

About Bugcrowd
Bugcrowd is the #1 crowdsourced security platform. More enterprise organizations trust Bugcrowd to manage their bug bounty, vulnerability disclosure, and next-gen pen test programs. By combining the largest, most experienced triage team with the most trusted hackers around the world, we generate better results, reduce risk through remediation, and empower organizations to release secure products to market faster — with no hidden fees. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Partners. Bugcrowd. Outhack Them AllTM. Learn more at www.bugcrowd.com.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com