Armorcode Secures $14 Million Series A Investment To Scale Appsecops Platform
11/16/22, 11:04 AM
Location
palo altoMoney raised
$14 million
Industry
privacy and security
professional services
information technology
software
Round Type
series a
Investors
Sierra Ventures, Ballistic Ventures
ArmorCode, the leader in AppSecOps, today announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups, founded by Kevin Mandia, Barmak Meftah, Ted Schlein, Jake Seid, and Roger Thornton. Other investors include Sierra Ventures, Cervin, and industry luminaries such as John Donovan, the former CEO of AT&T Communications, Oliver Friedrichs, founder and former CEO of Phantom Cyber (acquired by Splunk), John M. Jack, current board member at Contrast Security and Illumio, among others, and Tom Reilly, former CEO of Cloudera and ArcSight. Founded in July 2020, ArmorCode's Series A brings its total funding to $25 million, underscoring its momentum, which includes a seven-figure annual recurring revenue within its first financial year and revenue doubling in consecutive quarters with customers that include Fortune 100 enterprises.
Company Info
Location
palo alto, california, united states
Additional Info
ArmorCode is an AppSecOps company. Our mission is to Democratize Application Security; by transforming application security into a scalable and cost effective DevSecOps process, making applications secure by delivery. We develop, sell and deliver the industry's leading AppSecOps platform to enterprises, along with the expertise, support, and community they need to be successful. ArmorCode customers use the platform for AppSec Posture, Vulnerability, and Compliance Management and DevSecOps workflow automation.