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FAZE Security emerged from stealth today with 50 enterprise customers, including several Fortune 500 companies, and ~20X ARR growth in 18 months. The company also announced $6M in seed funding led by New Era Capital Partners with participation from Lockstep VC
Source: PR Newswire
Cybersecurity & Data Privacy
The release highlights a widening enterprise cybersecurity remediation gap, with rising vulnerabilities, annual penetration tests becoming quickly outdated, and scanners producing thousands of unranked findings. No company-specific financial results, product details, customer metrics, or quantified market impact were provided in the available article text.
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