HackerOne, a tech company founded in Groningen that identifies security vulnerabilities, is on the path to becoming a “unicorn” – a start-up company valued at more than one billion dollars.
Translation by Traci White
The company was included in a list of 50 start ups that are on track to have a one billion dollar valuation. The list, which was compiled by CB Insights, was published in The New York Times earlier this week.
The Groninger Internet Courant reports that HackerOne began in 2011 when two students at the Hanze University of Applied Sciences, Michiel Prins and Jobert Abma, created a list of 100 tech companies and attempted to hack them in order to identify security vulnerabilities. The pair found leaks on Facebook, Google, Apple and Microsoft systems and warned the CEOs of the companies, which remains the company’s business model to this day.
The company’s headquarters is now located in San Francisco, but the company still has an office in Groningen on the Griffeweg. Drenthe-based auction site Catawiki is also on track to achieve “unicorn” status.