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Wallarm raises $55 Million in Series C led by Toba Capital to scale its API security solutions in the AI era.

PRIVATEJul 31, 2025•10 months ago

Amount Raised

$55 Million

Round Type

series c

San Francisco

Investors

Toba Capital

Description

Wallarm has announced a $55 million Series C funding round led by Toba Capital. This investment will help Wallarm to scale its offerings and enhance protection for APIs in the context of AI-driven security risks. The funding reflects Wallarm's commitment to staying ahead of the evolving API threat landscape. CEO Ivan Novikov emphasized the importance of this investment for the security industry.

Company Information

Company

Wallarm

Location

San Francisco, California, United States

About

Protect any API. In any environment. Against any threat. Built by security practitioners for practitioners, Wallarm products provide robust protection for APIs, apps, and serverless workloads running in cloud-native environments. Hundreds of Security and DevOps teams chose Wallarm to get unique visibility into malicious traffic, robust protection across the whole application portfolio, and automated incident response for appsec programs. The company is committed to supporting modern tech stacks, offering dozens of deployment options in cloud and Kubernetes-based environments, and also provides a full cloud solution. Founded in 2014, Wallarm is headquartered in San Francisco, California, and is backed by Toba Capital, Y Сombinator, Partech, Runa Capital, and other investors.

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VC-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

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