Application security startup Cider Security today emerged from stealth mode with $38 million in funding, which includes $6 million raised in a seed round and $32 million in Series A funding.
The Series A funding round was led by Tiger Global Management and received participation from Glilot Capital Partners and Glilot’s early growth fund, Glilot+.
Established in December 2020, Cider seeks to eliminate the friction between engineering and security teams and to help organizations build application security programs fast.
The company’s platform, which it describes as an “AppSec Operating System,” offers a comprehensive view of the engineering ecosystem, to secure the entire application development process, from code to deployment.
Cider says the controls and solutions it provides can help organizations implement end-to-end CI/CD (continuous integration and continuous delivery) security and deploy application security programs within minutes.
Cider plans to use the new funding to expand its research and development operations in Israel and to open new offices around the world, to support increasing demand.
Related: VISO Trust Raises $11 Million for Cyber Risk Management Platform
Related: BastionZero Raises $6M Seed for Secure Remote Access Tech
Related: Bright Security (NeuraLegion) Raises $20 Million in Series A Funding
Related: Fraud Prevention Startup nSure.ai Raises $18 Million
More from Ionut Arghire
- Organizations Worldwide Targeted in Rapidly Evolving Buhti Ransomware Operation
- Google Cloud Users Can Now Automate TLS Certificate Lifecycle
- NCC Group Releases Open Source Tools for Developers, Pentesters
- Memcyco Raises $10 Million in Seed Funding to Prevent Website Impersonation
- Apria Healthcare Notifying 2 Million People of Years-Old Data Breaches
- European Cybersecurity Firm Sekoia.io Raises $37.5 Million
- GitLab Security Update Patches Critical Vulnerability
- Android App With 50,000 Downloads in Google Play Turned Into Spyware via Update
Latest News
- Industrial Giant ABB Confirms Ransomware Attack, Data Theft
- Organizations Worldwide Targeted in Rapidly Evolving Buhti Ransomware Operation
- Google Cloud Users Can Now Automate TLS Certificate Lifecycle
- Zyxel Firewalls Hacked by Mirai Botnet
- Watch Now: Threat Detection and Incident Response Virtual Summit
- NCC Group Releases Open Source Tools for Developers, Pentesters
- Memcyco Raises $10 Million in Seed Funding to Prevent Website Impersonation
- New Russia-Linked CosmicEnergy ICS Malware Could Disrupt Electric Grids
