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Forallsecure Raises $21 Million To Secure The World's Software

PRIVATEMar 21, 2022

Amount Raised

$21 Million

Round Type

Funding Round

PittsburghInformation TechnologySoftwareSecurity

Investors

Koch Disruptive Technologies

Description

ForAllSecure, the world's most advanced application security testing technology, today announced it has raised $21 million in a series B funding round co-led by Koch Disruptive Technologies (KDT) and existing investor New Enterprise Associates (NEA). This financing brings the company's total funding to $36 million. ForAllSecure will use the infusion of capital to accelerate growth, increase headcount, and fuel product innovation, including a solution to secure the thousands of open source projects widely used by businesses around the world.

Who else raised in Security and Software around the same time

Companies in the same sectors as ForAllSecure that raised within 45 days of this round, from Fundz verified event records.

  • Redwire Corporation raised an undisclosed amount on May 4, 2022.
  • TrustCloud raised $18M on May 3, 2022.
  • Veza raised $110M (Funding Round) on April 27, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • ThreatLocker raised $100M (Series C) on April 19, 2022.
  • Silverfort raised $65M (Series C) on April 12, 2022.

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Company Information

Company

ForAllSecure

Location

Pittsburgh, Pennsylvania, United States

About

ForAllSecure was founded with the mission to automatically test and protect the world's software. Its technology comes from two decades of research and experience in automatically exploiting applications and uses patented technology developed at Carnegie Mellon University. DARPA declared ForAllSecure the winner in the Cyber Grand Challenge, the U.S. Smithsonian showcased their technology, and MIT Technology Review named ForAllSecure in the 50 Smartest Companies. Fortune 1000 companies in aerospace, automotive, and high-tech, along with every US military service, use ForAllSecure's Mayhem to check their applications.

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ForAllSecure 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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