To meet the growing demand for Oracle Container Engine for Kubernetes (OKE) with global organizations, Oracle Cloud Infrastructure (OCI) is introducing new capabilities that can boost the reliability and efficiency of large-scale Kubernetes environments while simplifying operations and reducing costs.
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
Perforce Software joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program and listed its free Enhanced Studio Pack (ESP) in AWS Marketplace.
Aembit, an identity platform that lets DevOps and Security teams discover, manage, enforce, and audit access between federated workloads, announced its official launch alongside $16.6M in seed financing from cybersecurity specialist investors Ballistic Ventures and Ten Eleven Ventures.
Hyland released Alfresco Content Services 7.0 – a cloud-native content services platform, optimized for content model flexibility and performance at scale.
CAST AI has announced the closing of a $20M investment round.
Check Point® Software Technologies introduced Infinity Global Services, an all-encompassing security solution that will empower organizations of all sizes to fortify their systems, from cloud to network to endpoint.
OpsCruise's Kubernetes and Cloud Service observability platform is certified to run on the Red Hat OpenShift Kubernetes platform.
DataOps.live released an update to the DataOps.live platform, delivering productivity for data teams.
CoreStack and Zensar announced a strategic global partnership. CoreStack will provide its AI-powered NextGen cloud governance and FinOps capabilities, complementing Zensar’s composable cloud operations offering.
Delinea introduced the Delinea Platform, a cloud-native foundation for Delinea's PAM solutions that empowers end-to-end visibility, dynamic privilege controls, and adaptive security.
Sysdig announced a new foundation that will serve as the long-term custodian of the Wireshark open source project.
Talend announced the latest update to Talend Data Fabric, its end-to-end platform for data discovery, transformation, governance, and sharing.
Descope has raised $53M in seed funding and emerged from stealth to launch a frictionless, secure, and developer-friendly authentication and user management platform.
Loft Labs announced Loft v3 with new capabilities and flexibility for platform teams to build and enable their development teams with a self-service Kubernetes.
AWS Application Composer is now generally available.