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Seal Security secures $7.4 million Seed funding to secure open source with GenAI

Feb 13, 2024over 1 year ago

Amount Raised

$7.4 Million

Round Type

seed

New YorkSecurityNetwork Security

Investors

Cyber Club LondonPay Pal Alumni FundCrew CapitalVertex Ventures Israel

Description

Seal Security has secured a $7.4 million Seed funding round led by Vertex Ventures Israel, with participation from Crew Capital, PayPal Alumni Fund, and Cyber Club London.

Company Information

Company

Seal Security

Location

New York, New York, United States

About

Seal Security revolutionizes supply chain security operations, empowering organizations to automate and scale their open source vulnerability remediation and patch management. Our solution offers security teams unique, standalone security patches that enable centralized control over the vulnerability patching process, without R&D involvement. This allows organizations to verify the risk and compatibility of a security patch just once and then deploy it instantly across the entire organization. With Seal Security, security teams can achieve over 95% patching capacity of critical and high vulnerabilities, significantly reducing manual labor and technical debt for both security and development teams.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers