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Pwnie Express

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IoT devices cover a broad range of device types and protocolс. Pwnie Express has the expertise to recommend a solution specifically tailored to your requirements

Montpelier, United StatesFounded 2009Security
Valuation $25–50M Last recorded · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Pwnie Express

Pwnie Express, founded in 2010 by David Porcello, carved a niche for itself in the cybersecurity landscape by focusing on the detection of rogue wireless devices. The company initially gained traction with its hardware penetration testing products, such as the Pwn Plug, which were designed for security professionals to identify vulnerabilities in wireless and wired networks.

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The business evolved to address the burgeoning Internet of Things (IoT) security market. Its core offering shifted to a security platform that continuously identifies and assesses all connected devices and IoT systems within an enterprise environment. This agentless solution was designed to prevent IoT-based threats from disrupting business operations without requiring modifications to the existing network infrastructure. The platform operated by detecting and fingerprinting every device on the network, providing visibility into potential security risks posed by unauthorized or insecure IoT devices.

The business model centered on providing this security-as-a-service platform to enterprises concerned with the expanding attack surface created by IoT deployments. Clients ranged from mid-sized companies to large corporations across various sectors looking to secure their networks from threats originating from connected devices. Revenue was likely generated through subscriptions to their security platform.

In 2019, Outpost24, a Stockholm-based cyber risk management company, acquired Pwnie Express. The acquisition integrated Pwnie Express's device discovery and fingerprinting capabilities into Outpost24's broader platform for full-stack security assessment. Following the acquisition, the Pwnie Express brand and its specific product lines were absorbed into Outpost24's portfolio.

Source: Dealroom company data

At a glance

Founded
2009
Headquarters
Montpelier, United States
Sector
Security

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Fairhaven Capital Partners
  • .406 Ventures
  • Vermont Seed Capital Fund
  • Ascent Venture Partners
  • MassMutual Ventures

Series B and later1 investor entered at this stage

  • Vermont Center for Emerging Technologies
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Montpelier HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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