For TechCrunch, I wrote about Thinkst Canary, a bootstrapped maker of honeypots (for catching hackers), which this month marks its 10th anniversary. The company now brings in $20 million in ARR without VC funding or an outbound sales team.

Refreshing at a time when cyber is dominated by VC dollars.

https://techcrunch.com/2025/05/29/a-decade-in-bootstrapped-thinkst-canary-reaches-20m-in-arr-without-vc-funding/

A decade in, bootstrapped Thinkst Canary reaches $20M in ARR without VC funding | TechCrunch

Reflecting on 10 years since its launch, the honeypot maker explains why the company did not take on any VC funding.

TechCrunch
@zackwhittaker just going to point out that thinkst canary has also generously and consistently sponsored https://twisted.org/ during that meteoric rise, so if any startups want to hop on that bandwagon on their way to boostrapped riches, the option is always open
Twisted

@zackwhittaker i love honeypots. they are such a funny thing. like trapping someone in a fake shell and watching them firing wild commands with weird responses driving them crazy, if you are lucky enough not watching a script