Bugcrowd Expands Executive Team with Appointment o

SAN FRANCISCO, CA--(Marketwired - Aug 28, 2017) - Bugcrowd , the leader in crowdsourced security testing, today named Ashish Gupta as its new CEO. Casey Ellis, founder and CEO, will transition to Chairman of the Board and Chief Technology Officer. This follows another year of rapid growth for the company, which saw record adoption of its managed bug bounty service in the first half of 2017.

"The market for crowdsourced security is exploding as organizations proactively protect the integrity and security of their data, and level the playing field against the bad guys," said Casey Ellis, Chairman and CTO, Bugcrowd. "As we position the company for continued growth, I decided it was time to level-up the business and add a new CEO. Bugcrowd has found a phenomenal champion for our business with Ashish. He will be instrumental in ushering in our next phase of growth, and I'm excited to work with him well into the future."

A seasoned executive, Gupta brings nearly 20 years experience leading strategy at prominent companies around Silicon Valley. Gupta joins Bugcrowd from Infoblox where he was Chief Marketing Officer and Executive Vice President. Prior to Infoblox, he held key growth-driving positions in marketing and business development at Actian, Vidyo, and Microsoft.

"Security-conscious organizations are in a quandary today. As they increase their digital footprint to meet the needs of their business, they are discovering that they do not have the resources needed to protect their expanding attack surfaces," says Ashish Gupta, CEO, Bugcrowd. "Bugcrowd created the market for crowdsourced security testing, providing hundreds of customers the solution to this issue in the process. Casey's vision of using the collective force of tens of thousands of trusted researchers on an industry-leading platform to address vulnerabilities has had a proven impact. I am delighted to join Bugcrowd as we continue to enable customers to identify, prioritize, and efficiently address their cybersecurity challenges."

To hear more from Bugcrowd Founder Casey Ellis on today's news, visit http://blog.bugcrowd.com .

Bugcrowd architects security expertise into the design, support and management of every bug bounty program. Companies like Mastercard, TripAdvisor, Pinterest, Motorola, FitBit, Western Union, OWASP and Fiat Chrysler of America rely on Bugcrowd to optimize the success of their bug bounty programs. To learn more about how some of the biggest brands in the world rely on crowdsourced security, visit www.bugcrowd.com/customers .

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About Bugcrowd Bugcrowd delivers the ultimate in security assessment for the enterprise. The pioneer and innovator in crowdsourced security testing for the enterprise, Bugcrowd combines the power of more than 60,000 security researchers and its proprietary Crowdcontrol platform to surface critical software vulnerabilities, and level the cybersecurity playing field. Bugcrowd provides a range of public, private, and on-demand options that allow companies to commission a customized security testing program to fit their specific needs. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures and Salesforce Ventures. Bugcrowd is a trademark of Bugcrowd, Inc. Learn more at www.bugcrowd.com .