Traceable AI announced a $30 million strategic investment round from investors including Citi Ventures, IVP, Geodesic Capital, Sorenson Capital, and Unusual Ventures, highlighting the recognition of API security as a critical challenge for enterprises.

Unusual Ventures

Sorenson Capital

Geodesic Capital

Citi Ventures

The application programming interface (API) security and observability company said the new funding round values it at more than $450 million. Traceable AI plans to use the capital infusion to accelerate its next phase of growth by further investing in its product development and research efforts, expanding its sales and marketing teams, and expanding global sales, the company said.

Traceable AI secured $30M in a strategic investment round led by Citi Ventures and IVP to enhance API security solutions.

Investors

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Traceable AI secured $30M in a strategic investment round led by Citi Ventures and IVP to enhance API security solutions.

Investors

Description

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Funding Insights

Company Information