PullRequest is a five year old startup that helps software developers by providing an external code review team. This helps find bugs in code that might have been missed, and also helps identify security vulnerabilities before the software hits production.
HackerOne, a bug bounty company, acquired PullRequest today.
HackerOne hires security professionals to find bugs in programs that could have a big impact if left undetected. A group of qualified code reviewers on call can detect a bug before it gets into production.
Alex Rice sees a shift towards developers when it comes to security, and acquiring PullRequest gives him and his customers direct access to the development part of the cycle.
A trend that we've been seeing across a lot of our customers is this shift towards developers taking more responsibility for security than they have in the past, which is a trend I'm really excited about. Rice told me that developer-first security practices are the future of technology.
Even though developers want to create more secure software, it's not always easy to have the bodies to do that because most bugs HackerOne has found come after the software is already in production. That is where PulRequest could help.
The intent for developers to start taking more responsibility for security, but this gap between what they would like to find and what they are capable of finding, so the role of PullRequests here is to bring that.
Rice was not aware that PullRequest was looking at security vulnerabilities as part of the service when he approached the founder and CEO. The two companies began a discussion that culminated in the acquisition.
According to the data, PullRequest raised almost $13 million. The Series A had an $8 million raise in the last year. About 1000 reviewers are active in his network. The employees have moved to HackerOne.
The deal was closed last week. The purchase price is not being disclosed.
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