Armorcode Raises $40 Million In Series B Funding To Help Companies Ship Secure Software And Ship It Fast

Dec 04, 2023•about 2 years ago

Amount Raised

$40 Million

Round Type

series b

Palo AltoPrivacy And SecurityProfessional ServicesInformation TechnologySoftware

Investors

Cervin VenturesSierra VenturesBallistic VenturesNgp CapitalHighland X

Description

ArmorCode, the leader in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), today announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Premier venture firm HighlandX led the round, joined by NGP Capital, along with participation from existing investors Ballistic Ventures, Sierra Ventures and Cervin Ventures. As part of HighlandX’s investment, Managing Partner Corey Mulloy will join ArmorCode’s board. This marks a total of $65 million raised to propel organizations toward fully understanding and improving the state of their software risk.

Company Information

Company

ArmorCode

Location

Palo Alto, California, United States

About

ArmorCode is an AppSecOps company. Our mission is to Democratize Application Security; by transforming application security into a scalable and cost effective DevSecOps process, making applications secure by delivery. We develop, sell and deliver the industry's leading AppSecOps platform to enterprises, along with the expertise, support, and community they need to be successful. ArmorCode customers use the platform for AppSec Posture, Vulnerability, and Compliance Management and DevSecOps workflow automation.

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