Amount Raised
$14 Million
Round Type
Series A
Palo AltoInformation TechnologyProfessional ServicesSoftwarePrivacy And SecurityInvestors
Description
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.
Quick answer
ArmorCode raised $14 Million in a Series A round, dated November 16, 2022. Investors: Sierra Ventures and Ballistic Ventures. ArmorCode is based in Palo Alto, California, United States.
- How much did ArmorCode raise?
- ArmorCode raised $14 Million in a Series A round on November 16, 2022.
- Who invested in ArmorCode?
- Sierra Ventures and Ballistic Ventures are named as investors in this round.
- What does ArmorCode do?
- ArmorCode is an AppSecOps company.
- Where is ArmorCode based and how big is it?
- ArmorCode is based in Palo Alto, California, United States.
- Who are the decision-makers at ArmorCode?
- Fundz holds 1 contact at ArmorCode, including the Chief of Staff. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Privacy And Security around the same time
Companies in the same sectors as ArmorCode that raised within 45 days of this round, from Fundz verified event records.
- LexCheck raised $17M (Funding Round) on December 14, 2022.
- BIO-key International raised $2.2M (Seed) on December 22, 2022.
- Aclaimant, Inc. raised $2.5M (Seed) on December 19, 2022.
- Dynasty Financial Partners raised an undisclosed amount (Funding Round) on December 16, 2022.
- AppOmni, Inc. raised an undisclosed amount (Series C) on December 14, 2022.
- Mechademy raised $2.7M (Seed) on December 9, 2022.
Who to call at ArmorCode, and when
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- An alert the day ArmorCode raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ArmorCode, from your own LinkedIn network
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Funding Insights
What this usually meansArmorCode raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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