BlueFlag Security raised $11.5M in a seed funding round led by Maverick Ventures and Ten Eleven Ventures to redefine software development lifecycle (SDLC) security.
Mar 21, 2024•over 1 year ago
Amount Raised
$11.5 Million
Round Type
seed
Investors
Pier 88 Investment PartnersTen Eleven VenturesMaverick Ventures
Description
BlueFlag Security announced a $11.5 million seed funding round led by Maverick Ventures and Ten Eleven Ventures, with participation from Pier 88 Investment Partners. The investment will fund the development of BlueFlag’s SDLC security and governance platform, which delivers end-to-end, identity-centric protection across the development lifecycle from code to production.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech