mabl announced the addition of mobile application testing to its platform.
ArmorCode secured an additional $8 million in seed financing led by Cervin Ventures with participation from Sierra Ventures that lead the previous round of funding, Tau Ventures, and several prominent Cybersecurity leaders, including founders of Demisto and RedLock, bringing the total seed round to $11 million.
The company will use these new funds to extend its AppSecOps platform capabilities and expand the company's go-to-market efforts.
The ArmorCode AppSecOps platform is the 10X AppSec Force Multiplier that enables organizations to ship securely and ship fast. Providing security and development teams with the visibility, actionable insights, automation, and integration needed to build, deliver and scale an effective and efficient AppSec program across the entire organization, while reducing cyber risks and exposure.
"ArmorCode is an early entrant in the AppSecOps space. Agile DevOps, Cloud Deployment, Microservices, and Open Source have all dramatically accelerated application delivery and complexity. The security of these applications is paramount and that's where ArmorCode provides immense value," said Preetish Nijhawan, Co-Founder and Managing Partner, Cervin Ventures. "ArmorCode is led by a veteran team, who have worked together in the past, doing pioneering work in the security software space and have already signed some leading enterprise customers. We are excited to partner with Nikhil and his team on their journey."
Today's AppSec teams, outnumbered by as much as 100:1 by developers, depend on a collection of point security products and siloed manual processes. This leaves them struggling to gain the visibility, insight, and process scale needed to identify and protect the always changing and ever-growing application risk surface.
"Enterprise applications have created a new set of security challenges, leaving the door wide open for cyber risks and attacks. The ArmorCode AppSecOps platform, with its 80+ out of the box integrations, simplifies the process of shipping applications securely with a single platform, consolidating insights from multiple AppSec tools, and scaling the DevSecOps processes needed to keep up with and manage risk," said Nikhil Gupta, co-founder, and CEO of ArmorCode. "With this new funding we will expand our leadership position. We will invest in go-to-market initiatives to democratize application security and enable organizations of all sizes to ship applications securely and ship them fast."
Industry News
Spectro Cloud announced the achievement of a new Amazon Web Services (AWS) Competency designation.
GitLab announced the general availability of GitLab Duo Chat.
SmartBear announced a new version of its API design and documentation tool, SwaggerHub, integrating Stoplight’s API open source tools.
Red Hat announced updates to Red Hat Trusted Software Supply Chain.
Tricentis announced the latest update to the company’s AI offerings with the launch of Tricentis Copilot, a suite of solutions leveraging generative AI to enhance productivity throughout the entire testing lifecycle.
CIQ launched fully supported, upstream stable kernels for Rocky Linux via the CIQ Enterprise Linux Platform, providing enhanced performance, hardware compatibility and security.
Redgate launched an enterprise version of its database monitoring tool, providing a range of new features to address the challenges of scale and complexity faced by larger organizations.
Snyk announced the expansion of its current partnership with Google Cloud to advance secure code generated by Google Cloud’s generative-AI-powered collaborator service, Gemini Code Assist.
Kong announced the commercial availability of Kong Konnect Dedicated Cloud Gateways on Amazon Web Services (AWS).
Pegasystems announced the general availability of Pega Infinity ’24.1™.
Sylabs announces the launch of a new certification focusing on the Singularity container platform.
OpenText™ announced Cloud Editions (CE) 24.2, including OpenText DevOps Cloud and OpenText™ DevOps Aviator.
Postman announced its acquisition of Orbit, the community growth platform for developer companies.
Check Point® Software Technologies Ltd. announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners.