logo
logo

Dynamic Application Security Testing Service Neuralegion Raises $20M Series A Round

Dynamic Application Security Testing Service Neuralegion Raises $20M Series A Round

03/02/22, 2:00 PM
Money raised
$20 million
Round Type
series a
NeuraLegion, a startup that focuses on dynamic application security testing and identifying business logic issues, today announced that it has changed its name to Bright Security. In addition, the company also said that it has raised $20 million in a Series A round led by Evolution Equity Partners. Previous investors DNX Ventures, J-ventures, Fusion Fund and Incubate Fund also participated in this round.

Company Info

Company
Neura Legion
Additional Info
In addition, the company also said that it has raised $20 million in a Series A round led by Evolution Equity Partners. That’s still what Bright Security focuses on today and as Bashvitz noted, the company has no intention to branch out into related fields like static application security testing. The company says over 4,000 oreganizations now use its products. As for the name change, Bashvitz noted that there were a lot of companies with similar names and that ‘Bright’ better represents what the company does.