Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

GitGuardian Raises $44 Million to Create Code Security Platform

Code security company GitGuardian on Tuesday announced raising $44 million in a Series B funding round, which brings the total raised by the company to $56 million.

The latest funding round was led by Eurazeo, with participation from Sapphire, Balderton, BPI and Fly Ventures.

Code security company GitGuardian on Tuesday announced raising $44 million in a Series B funding round, which brings the total raised by the company to $56 million.

The latest funding round was led by Eurazeo, with participation from Sapphire, Balderton, BPI and Fly Ventures.

GitGuardian says it will use the money to turn its solution into a code security platform that can compete with companies such as Snyk. The investment will also be used to boost its go-to-market initiatives, and grow its teams in the United States and Europe. The company’s CEO, Jérémy Thomas, will be moving from France to the United States to open an American office.

Founded in 2017, GitGuardian describes itself as a company that specializes in GitHub intelligence and automated secrets detection. Its product is designed to help organizations prevent sensitive data from getting leaked through application source code.

GitGuardian helps customers monitor their public and private repositories in real time and quickly address identified issues.

“GitGuardian mission could seem very ambitious, but it has a very simple philosophy at its core,” Thomas said. “Developing and launching secure applications must be a shared responsibility between Dev, Sec and Cloud Ops. Developers in particular want a wingman at every step of the SDLC to help them write more secure code without harming their productivity. And as defining threat signatures and keeping pace with the thousands of technologies that developers use will always be a never-ending battle, we have already led the foundation of a powerful and flexible code security framework that can be extended rapidly to encode a wide variety of vulnerabilities.”

Related: Source Code Security Firm Cycode Raises $56 Million

Related: Contrast Security Raises $150 Million at ‘Unicorn’ Valuation

Advertisement. Scroll to continue reading.

Related: Application Security Startup Wabbi Raises Over $2 Million in Seed Funding

Related: ​​Code Generated by GitHub Copilot Can Introduce Vulnerabilities

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

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.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.