Bugcrowd Blog

Casey Ellis

Founder and CEO of Bugcrowd

Recent Posts

$15M to Connect Hackers and Companies… Why, and What’s Next?

Posted by Casey Ellis on Apr 20, 2016 1:30:00 PM

Today is a great day for hackers, defenders, Bugcrowd as a company, and for Aussie founders with a dream to execute on the world stage. We’re very proud to have Blackbird Ventures, the same firm that pioneered the Startmate incubator where Bugcrowd began, taking the lead on our $15M Series B alongside existing investors Rally, Costanoa and Paladin. We’re just as pleased to welcome Salesforce Ventures and Industry Ventures to the family.  

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Bugcrowd News

In the Name of Transparency

Posted by Casey Ellis on Mar 31, 2016 5:28:44 PM

At the beginning of the year, we made a decision to put some stakes in the ground.


We decided it was time to talk, write, argue, and share about sides of the bug bounty space that we interact with every day, but would otherwise rarely see the light of day... The kinds of things that some would consider as Bugcrowd's "secret sauce."

Why? Read on.


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Bugcrowd News

On the U.S. Government and Bug Bounties

Posted by Casey Ellis on Mar 2, 2016 2:07:02 PM

My favorite thing about going to conferences is establishing the underlying trends behind the questions I’m asked. We’re only half-way through RSAC/BSides week, and already the dominant question is clear:

When is the government going to start a bug bounty program?

Here’s my answer:

The government has no choice but to adopt a crowdsourced model for vulnerability discovery, it’s more a question of when will the pain of staying the same exceed the pain of change.

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Interesting, Conferences

Building Bugcrowd: Our First Principles

Posted by Casey Ellis on Dec 31, 2015 7:25:27 AM

About 12 months after Bugcrowd started, one of our team pulled me aside and made a suggestion that truly altered the course of the company:

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Bugcrowd News

Art Coviello Joins Our Board of Directors

Posted by Casey Ellis on Oct 27, 2015 5:15:34 AM

We are excited to announce the newest member of the Bugcrowd Board of Directors, industry icon and veteran driver of cybersecurity innovation, Art Coviello Jr.

Bugcrowd’s view has always been that the economic and resourcing model of the bug bounty programs pioneered by Netscape, Google and Facebook is more that just the “latest and greatest tech-company fad.” It’s a necessary and inevitable evolution in security assessment, and it’s benefits will impact the entire IT ecosystem.

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3 Years, 20,000 Security Researchers, and Nearly 200 Clients Later...

Posted by Casey Ellis on Oct 8, 2015 8:19:28 AM

2012 was the year that almost every industry, banking, education, government, big tech and even security, was hacked. Many, if not all of these companies were doing “all" they could to protect themselves against these hacks, and yet they were still left vulnerable. In direct response to this, 2012 was also the year we built Bugcrowd to beat an army of adversaries with an army of allies.

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Interesting, Bugcrowd News

On Oracle, Mary Ann Davidson, and the dark side of security research

Posted by Casey Ellis on Aug 11, 2015 7:09:43 AM

Let me say clearly and upfront: As the founder of a company that manages a community of security researchers, I empathize with Mary Ann Davies’ frustrations… but I also strongly disagree with her approach.

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Bugcrowd Raises 6 Million dollars In Series A Funding

Posted by Casey Ellis on Mar 11, 2015 11:00:50 PM

We are thrilled to announce our recent round of Series A funding. Led by Costanoa Venture Capital, along with Rally Ventures, Paladin Capital Group and Blackbird Ventures, we've raised $6 Million, bringing us to a total of $9 Million since our founding in late 2012.

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Bugcrowd News

OWASP Bug Week 2014 Recap

Posted by Casey Ellis on Dec 18, 2014 3:59:55 AM

Last week, Bugcrowd hosted OWASP Bug Week, an online competition for security researchers all over the world to find security bugs in live products. The researcher who found the "Best Bug" of the week won a badge to AppSecEU.

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Bugcrowd doubles our bounty during ekoparty

Posted by Casey Ellis on Oct 30, 2014 12:29:40 AM

In celebration of the 10 year anniversary of the Argentine security conference, ekoparty, Bugcrowd is doubling our payouts for the bugs submitted during the conference. From now until 21:10ART, Bugcrowd will pay out twice as much as the assigned reward money for the bug bounty program on our product.

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Bugcrowd News, Program Launches