Cybersecurity startup names industry veteran to board as growth picks up

Andrew Peterson has previous experience of scaling up startups including one that ended in an $825 million sale.


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  • | 12:05 p.m. February 25, 2022
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SARASOTA — A new board member for Nucleus Security was announced as the company heads into uncharted waters of scaling up the startup.  

The Sarasota-based startup designed a program that provides vulnerability management solutions. The Nucleus program automates vulnerability management processes and workflows, allowing companies to mitigate vulnerabilities. To help the startup navigate growth,  Andrew Peterson was appointed to its advisory board. He joins early Nucleus adviser and investor Jim Manico on the board and brings 20 years of experience as a founder, CEO, board member and investor. 

“As Nucleus enters this important growth stage, we were looking to add an adviser that has experienced what we are about to experience and someone who understands both our current challenges and the challenges we will experience over the next few years,” says Steve Carter, co-founder and CEO. 

Previously, Peterson was the co-founder and CEO of Signal Sciences in Culver City, California. Carter goes on to note that the knowledge Peterson gained from that experience is essential to what it takes to scale a B2B cybersecurity Software-as-a-Service startup. 

“His experience will provide critical insight that simply can’t be learned from books or podcasts, and we look forward to having him on board during a time when Nucleus intends to accelerate product development to meet customer needs,” Carter says.  

The newly appointed board member led Signal Sciences through the company’s creation of an industry-defining technology platform that was designed to protect websites, mobile apps and APIs. That ultimately led to Signal Sciences being sold to Fastly for $825 million in 2020. He has been in the industry for 20 years and is also the author of "Cracking Security Misconceptions."

“As the first angel investor in Signal Sciences, Jim Manico saw that Nucleus and Signal Sciences had a lot in common in terms of values, culture and target market. I am thrilled to officially join Jim and the Nucleus team as an adviser,” Peterson says. “I deeply understand where Nucleus stands today as a business, as well as their goals for the future, and look forward to contributing to significant growth. The unified vulnerability management space is ripe for innovation, and Nucleus is in a unique position to capitalize on this opportunity.”

This story was updated to reflect a change in what Nucleus Security provides as a company. 

 

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