Armorcode Raises $40 Million In Series B Funding To Help Companies Ship Secure Software And Ship It Fast
Amount Raised
$40 Million
Round Type
Series B
Palo AltoInformation TechnologyProfessional ServicesSoftwarePrivacy And SecurityInvestors
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.
Quick answer
ArmorCode raised $40 Million in a Series B round, dated December 4, 2023. Investors: Cervin Ventures, Sierra Ventures, Ballistic Ventures, NGP Capital and Highland X. ArmorCode is based in Palo Alto, California, United States.
- How much did ArmorCode raise?
- ArmorCode raised $40 Million in a Series B round on December 4, 2023.
- Who invested in ArmorCode?
- Cervin Ventures, Sierra Ventures, Ballistic Ventures, NGP Capital and Highland X 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.
- Syrup Tech raised $18M (Funding Round) on December 1, 2023.
- StackHawk, Inc. raised $23K (Seed) on November 8, 2023.
- Anecdotes raised $25M (Funding Round) on January 9, 2024.
- BIO-key International raised $548K (Seed) on December 20, 2023.
- Hadrian raised $86M on December 11, 2023.
- Weave raised $11M on December 8, 2023.
Who to call at ArmorCode, and when
A new round usually means ArmorCode is about to hire and buy. The teams that reach out first get the meeting.
- 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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