Check Point® Software Technologies Ltd. has been recognized as a leader in The Forrester Wave™: Zero Trust Platform Providers, Q3 2023 report.
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
Red Hat and Oracle announced the expansion of their alliance to offer customers a greater choice in deploying applications on Oracle Cloud Infrastructure (OCI). As part of the expanded collaboration, Red Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes for architecting, building, and deploying cloud-native applications, will be supported and certified to run on OCI.
Harness announced the availability of Gitness™, a freely available, fully open source Git platform that brings a new era of collaboration, speed, security, and intelligence to software development.
Oracle announced new application development capabilities to enable developers to rapidly build and deploy applications on Oracle Cloud Infrastructure (OCI).
Sonar announced zero-configuration, automatic analysis for programming languages C and C++ within SonarCloud.
DataStax announced a new JSON API for Astra DB – the database-as-a-service built on the open source Apache Cassandra® – delivering on one of the most highly requested user features, and providing a seamless experience for Javascript developers building AI applications.
Mirantis launched Lens AppIQ, available directly in Lens Desktop and as (Software as a Service) SaaS.
Buildkite announced the company has entered into a definitive agreement to acquire Packagecloud, a cloud-based software package management platform, in an all stock deal.
CrowdStrike has agreed to acquire Bionic, a provider of Application Security Posture Management (ASPM).
Perforce Software announces BlazeMeter's Test Data Pro, the latest addition to its continuous testing platform.
CloudBees announced a new cloud native DevSecOps platform that places platform engineers and developer experience front and center.
Akuity announced a new open source tool, Kargo, to implement change promotions across many application life cycle stages using GitOps principles.
Check Point® Software Technologies Ltd. announced that it has been recognized on Newsweek’s inaugural list of the World’s Most Trustworthy Companies 2023.
CloudBees announced significant performance and scalability breakthroughs for Jenkins® with new updates to its CloudBees Continuous Integration (CI) software.