wants to change the way companies purchase and pay for pentesting services, which test an application for vulnerabilities before it goes live. Today, the company announced a number of enhancements to the platform.

Jacob Hansen, CEO and co-founder at Cobalt, says the pentesting business typically involves an expensive and time-consuming exercise, which culminates with the delivery of a PDF listing the issues that the tester found. When he and his co-founders launched the company in 2013, they wanted to bring a digital element to that whole process.

“What we have built is two things. The first is a marketplace of vetted, verified pen testers. So, basically freelance security testers in the marketplace that we have vetted and verified and taken ownership of. And secondly, we built a software platform where you can schedule and manage tests,” Hansen told TechCrunch.

Read more here.