Bugcrowd acquires Mayhem Security

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Bugcrowd has acquired Mayhem Security for integration of Mayhem’s automation with Bugcrowd’s crowdsourced testing.

By combining Mayhem’s AI offensive security with Bugcrowd’s crowdsourced expertise, organizations can continuously reduce their attack surface, eliminate risky code and dependencies, and keep pace with modern adversaries.

“I’m thrilled to welcome Mayhem Security to the Bugcrowd team,” said Dave Gerry, CEO of Bugcrowd. “This acquisition represents another milestone in our mission to transform the way organizations approach cybersecurity by combining the collective ingenuity of our global hacker community with the machine speed and precision of AI offensive security testing. By integrating Mayhem’s capabilities into the Bugcrowd Platform, we’re building the industry’s first truly adaptive security platform, enabling customers to anticipate, test, and defend at unprecedented scale. This is a strategic step toward realizing our vision of a self-learning platform that unites human creativity with machine intelligence, while shrinking customers’ attack surface.”

Mayhem Security was founded by Dr. David Brumley and Dr. Thanassis Avgerinos, two world-renowned cybersecurity innovators who each hold a PhD from Carnegie Mellon University.

“For over a decade, we’ve built technology that thinks and learns like an attacker to autonomously find new vulnerabilities. Joining forces with Bugcrowd amplifies that mission by combining AI-driven automation with the creativity and expertise of the global hacker community. Together, we’re redefining modern security testing, helping organizations preempt risk, close vulnerabilities faster, and eliminate zero-day threats.” Dr. David Brumley, CEO of Mayhem Security

Bugcrowd’s acquisition of Mayhem Security marks a strategic evolution in how cybersecurity drives enterprise growth,” said Navin Maharaj, Senior Director at KDT. “As software development accelerates and attack surfaces expand, integrated platforms like Bugcrowd’s are uniquely positioned to lead. This move strengthens their market presence and amplifies their ability to deliver long-term value across the enterprise landscape.”

“Bugcrowd continues to push the boundaries in modernizing cybersecurity, and the acquisition of Mayhem Security is a testament to that mission,” said Jeff Hinck, Co-Founder and Managing Director, Rally Ventures. “By integrating AI-driven offensive security capabilities with its trusted hacker community, Bugcrowd is delivering a solution that’s not only adaptive but anticipatory and preemptive, helping organizations stay ahead of threats rather than just react to them.”

“We believe Mayhem’s breakthrough technology and visionary leadership have consistently pushed the boundaries of what’s possible in cybersecurity,” said Aaron Jacobson, Partner, NEA. “We’re excited to see this next chapter unfold with Bugcrowd, as they bring together automation and human insight to deliver a truly differentiated solution for today’s evolving threat landscape.”

“The future of cybersecurity lies at the intersection of human creativity and machine intelligence,” said Mark Crane, Partner, General Catalyst. “The addition of Mayhem’s autonomous capabilities strengthens Bugcrowd’s position as a driving force in crowdsourced security. We’re proud to support a team that’s building the next generation of AI-powered, human-in-the-loop security testing.”

 Image: Left – Dr. David Brumley, CEO, Mayhem Security and right – Dave Gerry, CEO, Bugcrowd

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