M&A Deal Summary

Bugcrowd Acquires Mayhem Security

On November 4, 2025, Bugcrowd acquired information technology company Mayhem Security

Acquisition Highlights
  • This is Bugcrowd’s 2nd transaction in the Information Technology sector.
  • This is Bugcrowd’s 1st transaction in the United States.
  • This is Bugcrowd’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2025-11-04
Target Mayhem Security
Sector Information Technology
Buyer(s) Bugcrowd
Deal Type Add-on Acquisition

Target

Mayhem Security

Pittsburgh, Pennsylvania, United States
Mayhem Security provides automated software testing and security analysis tools that detect and validate vulnerabilities in applications and APIs. The Company’s platform uses AI-driven fuzzing and symbolic execution to continuously test software for reliability and compliance across development and production environments. It serves enterprise, government, and technology clients seeking to strengthen application security. Mayhem Security was founded in 2012 and is headquartered in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Bugcrowd

San Francisco, California, United States

Category Company
Founded 2012
Sector Software
DESCRIPTION

Bugcrowd offers outsourced ‘bug bounty’ security testing. Bugcrowd provides enterprise customers with a technology platform and a vetted community of security testers to allow them to outsource their ‘bug bounty’ program. Bugcrowd was founded in 2012 and is based in San Francisco, California.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-23 Informer

Brighton, United Kingdom

Informer automates the identification of the external attack surface from organizations and provides specialized penetration testing services to its clients. Informer was formed in 2014 and is headquartered in Brighton, England.

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