NetSPI’s acquisition of Hubble’s cyber asset attack surface management (CAASM) technology brings greater internal asset intelligence and visibility to it’s global customers; The proactive security leader welcomes Hubble Founder Tom Parker as Chief Technology Officer

Minneapolis, MN – June 13, 2024 – Paladin Capital Group (“Paladin”) announced today the sale of Hubble Technology Inc. (“Hubble”) to NetSPI, a portfolio company of KKR. Hubble is a  Northern Virginia-based cyber asset attack surface management (CAASM) and cybersecurity posture management solution. The integration of Hubble’s Asset Intelligence™ and CAASM product, Aurora™ into The NetSPI Platform will empower security teams to achieve complete visibility of their rapidly evolving attack surfaces and tackle asset and exposure management challenges.

Hubble’s agentless CAASM platform enables organizations to continuously identify new assets and risks, remediate security control blind spots, and gain a holistic view of their security posture by providing an accurate inventory of cyber assets, both external and internal. Hubble was founded in 2020 and backed by Paladin Capital Group, Accel, and CrowdStrike. The company’s Founder, Tom Parker, will join NetSPI as Chief Technology Officer.

According to Forrester’s The Attack Surface Management Solutions Landscape, Q2 2024, “External attack surface management (EASM) vendors tend to use the external discovery scans as a jumping-off point for managing exposures, while CAASM vendors provide more context on the asset and its controls. Both are crucial foundations for teams to better prioritize and remediate security gaps.”

With the acquisition of Hubble, NetSPI will deliver both EASM and CAASM capabilities within The NetSPI Platform to continuously discover, prioritize, and remediate vulnerabilities and exposures across the entire IT asset estate – from the cloud to bring-your-own-device (BOYD) to industrial control environments. This will also significantly enhance and accelerate NetSPI’s ability to accurately prioritize risk associated with assets and vulnerabilities in customer networks and help them assess the exposure to their most important assets relative to these risks.

“This acquisition is one of the most notable milestones on our journey from point-in-time pentesting to technology-enabled proactive security,” said Aaron Shilts, CEO at NetSPI. “You can’t secure what you don’t have visibility to. We support the most trusted brands on Earth giving them visibility into external/cloud assets and exposures. With Hubble’s CAASM solution, we can provide comprehensive, 360-degree visibility while delivering telemetry and insights across the entire IT estate. We are thrilled to welcome Tom and Hubble to team NetSPI and look forward to the expertise he will bring as our new CTO driving innovation across our products.”

As CTO, Tom will drive business growth through innovation across NetSPI’s proactive security solutions and partner with customers to keep pace with the ever-changing technology and threat landscapes. Prior to forming Hubble, Tom was CTO at Accenture Security, leading growth strategy and M&A. He joined Accenture Security through the sale of his prior startup, FusionX which was an early pioneer in commercial cybersecurity red teaming.

“The security industry notoriously creates siloed solutions that only address a small part of the problem. That’s not the case with NetSPI,” shared Tom Parker, Founder of Hubble. “For the first time, with the introduction of CAASM, security leaders will have a holistic end-to-end view of their security posture in a single platform. I am delighted to join this proactive security powerhouse as their new CTO, helping customers reduce risk, drive efficiency, and strengthen the confidence that their security platforms represent a full picture of their environment.”

 About NetSPI

NetSPI, a portfolio company of KKR, is the proactive security solution used to discover, prioritize, and remediate security vulnerabilities of the highest importance, so businesses can protect what matters most.

Leveraging a unique combination of dedicated security experts, intelligent process, and advanced technology, NetSPI helps security teams take a proactive approach to cybersecurity with more clarity, speed, and scale than ever before.

By continually advancing solutions such as Penetration Testing as a Service (PTaaS), Attack Surface Management (ASM), and Breach and Attack Simulation (BAS), NetSPI goes beyond the noise to deliver high impact results and recommendations based on business needs, so customers can protect their priorities, perform better, and innovate with confidence.

NetSPI secures the most trusted brands on Earth, including nine of the top 10 U.S. banks, four of the top five leading cloud providers, three of the five largest healthcare companies, four MAMAA Big Tech companies, seven of the top 10 U.S. retailers & e-commerce companies, and many of the Fortune 500.

NetSPI is headquartered in Minneapolis, MN, with offices across the U.S., Canada, the UK, and India. Follow NetSPI on LinkedIn and X.

About Hubble

Hubble is a technology asset visibility and cyber posture management solution that provides a complete and continually updated map of your entire technology environment and the state of your most critical security controls. Whether you operate in the cloud, are a heavy user of industrial control systems and IoT or operate a hybrid IT environment – Hubble has you covered.

Hubble is completely agentless, leveraging your existing IT stack to build a knowledge graph of your environment, allowing you to better understand your assets, and their relative risk, and prioritize triage of security events and posture gaps. Backed by Paladin Capital Group, Accel, and Crowdstrike, Hubble has won numerous awards for its market-defining solution, including the prestigious 2022 World Economic Forum Technology Pioneer.

 About Paladin Capital Group:

Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin’s core strength is identifying, supporting, and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers.

Combining proven investment experience with deep expertise in global security, cyber technology, and cutting-edge research, Paladin has invested in more than 70 companies since 2008 and has been a trusted partner to investors, entrepreneurs, and governments for over two decades. For more information, visit Paladin’s website at and follow Paladin on LinkedIn.