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Apiiro Raises $100M Collection B Funding Spherical to Solidify Place because the Cloud-Native Software Safety Chief

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TEL AVIV, LONDON and NEW YORK – November 3, 2022 – Apiiro, the chief in Cloud-Native Software Safety, as we speak introduced a major Collection B spherical of $100M led by Normal Catalyst with participation by Greylock and Kleiner Perkins. The brand new funding can be used to speed up the enterprise and advance the corporate’s mission to empower builders and utility safety engineers to proactively repair dangers earlier than releasing to the cloud with all of the context they want in a single answer.

With extra firms shifting to agile growth and adopting CI/CD practices to launch code to the cloud every day, there’s an exponential enhance within the variety of adjustments. This creates a large market alternative to assist CISOs and CIOs successfully and contextually determine, prioritize and remove dangers of their code and growth environments to forestall utility and software program provide chain threats utilizing one answer.

“On this financial system, it’s necessary to put money into know-how that helps firms drive enterprise development,” mentioned Quentin Clark, Managing Director at Normal Catalyst. “Idan, Yonatan and the Apiiro crew are giving prospects an answer to an entire drawback – not only a piece of it. They’re going past offering instruments for builders to deal with potential safety points within the code base and truly delivering an operational platform that workflows these fixes in context of how an organization is configuring and deploying software program. This method has pushed phenomenal development to this point, which comes from robust execution with the correct crew on the proper time.”

Apiiro has launched a totally new method to utility safety within the cloud by offering full visibility into code bases, assessing dangers from design to code to cloud and proactively fixing precise dangers that attackers can exploit earlier than releasing to the cloud. This allows Fortune 500 firms to cut back operational prices and dangers at scale with seamless deployment by connecting to their supply management managers through API.

There are a number of remoted and unrelated findings hiding throughout code, configurations, open supply packages and cloud infrastructure that when pulled along with related context, creates a “danger story” that’s exploitable by attackers. Apiiro’s Threat Graph know-how connects these infinite components with actionable context to supply a totally new approach for builders and safety groups to repair dangers.

The unrelenting demand for subsequent technology utility safety options has allowed us to deploy our product at-scale with main Fortune 500 prospects,” mentioned Idan Plotnik, co-founder and CEO of Apiiro. “Early innovation enabled us to develop sooner and extra effectively than the competitors, and we’re constructing the corporate for hyper development. The mixture of our crew, enterprise momentum, and help from top-tier traders positions Apiiro to proceed to steer a rising business.”

Supporting Assets

About Apiiro

Apiiro helps safety and growth groups proactively repair dangers earlier than releasing to the cloud. The corporate is backed by Normal Catalyst, Greylock, and Kleiner Perkins. apiiro.com.

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