Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

AppSec Firm Cider Security Emerges From Stealth With $38 Million in Funding

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+.

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

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Application Security

Drupal released updates that resolve four vulnerabilities in Drupal core and three plugins.

Management & Strategy

Microsoft making a multiyear, multibillion dollar investment in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.

Application Security

A CSRF vulnerability in the source control management (SCM) service Kudu could be exploited to achieve remote code execution in multiple Azure services.

Application Security

PayPal is alerting roughly 35,000 individuals that their accounts have been targeted in a credential stuffing campaign.