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TEL AVIV, LONDON and NEW YORK – November 3, 2022 – Apiiro, the chief in Cloud-Native Software Safety, in the present day introduced a major Sequence B spherical of $100M led by Common Catalyst with participation by Greylock and Kleiner Perkins. The brand new funding can be used to speed up the enterprise and advance the corporate’s mission to empower builders and software safety engineers to proactively repair dangers earlier than releasing to the cloud with all of the context they want in a single answer.
With extra firms shifting to agile improvement and adopting CI/CD practices to launch code to the cloud each day, there may be an exponential improve within the variety of modifications. This creates a large market alternative to assist CISOs and CIOs successfully and contextually establish, prioritize and get rid of dangers of their code and improvement environments to stop software and software program provide chain threats utilizing one answer.
“On this economic system, it’s necessary to put money into know-how that helps firms drive enterprise development,” mentioned Quentin Clark, Managing Director at Common Catalyst. “Idan, Yonatan and the Apiiro group are giving prospects an answer to an entire drawback – not only a piece of it. They’re going past offering instruments for builders to handle potential safety points within the code base and really delivering an operational platform that workflows these fixes in context of how an organization is configuring and deploying software program. This method has pushed phenomenal development to this point, which comes from sturdy execution with the fitting group on the proper time.”
Apiiro has launched a totally new method to software safety within the cloud by offering full visibility into code bases, assessing dangers from design to code to cloud and proactively fixing precise dangers that attackers can exploit earlier than releasing to the cloud. This allows Fortune 500 firms to scale back operational prices and dangers at scale with seamless deployment by connecting to their supply management managers through API.
There are a number of remoted and unrelated findings hiding throughout code, configurations, open supply packages and cloud infrastructure that when pulled along with related context, creates a “threat story” that’s exploitable by attackers. Apiiro’s Danger Graph know-how connects these infinite elements with actionable context to supply a totally new manner for builders and safety groups to repair dangers.
“The unrelenting demand for subsequent era software safety options has allowed us to deploy our product at-scale with main Fortune 500 prospects,” mentioned Idan Plotnik, co-founder and CEO of Apiiro. “Early innovation enabled us to develop sooner and extra effectively than the competitors, and we’re constructing the corporate for hyper development. The mixture of our group, enterprise momentum, and help from top-tier buyers positions Apiiro to proceed to steer a rising business.”
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About Apiiro
Apiiro helps safety and improvement groups proactively repair dangers earlier than releasing to the cloud. The corporate is backed by Common Catalyst, Greylock, and Kleiner Perkins. apiiro.com.
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