Security Experts:

Connect with us

Hi, what are you looking for?


Application Security

Mobile App Security Firm Blue Cedar Raises $17 Million

Blue Cedar, a San Francisco-based company that specializes in securing mobile applications, on Tuesday announced that it raised $17 million in a Series B funding round.

Blue Cedar, a San Francisco-based company that specializes in securing mobile applications, on Tuesday announced that it raised $17 million in a Series B funding round.

The funding round was led by new investor C5 Capital, a venture capital firm that focuses on cybersecurity, cloud and data analytics, with participation from existing investors Benhamou Global Ventures (BGV), Generation Ventures, Grayhawk Capital and Sway Ventures. Blue Cedar previously raised $10 million in a Series A funding round announced in 2016.

Daniel Freeman, managing partner at C5 Capital, will join the company’s board of directors as part of the deal.

Blue Cedar says it plans on using the newly obtained funds to accelerate growth and enhance its solutions.

“C5 Capital invests in companies that enable enterprises to generate more value from their data — securely and at scale,” Freeman commented. “Technology that enables ‘silent’ integration of cyber security is at the top of every CISO’s wish list, because it makes consistent application of enterprise-grade solutions easy and seamless. In a short time, Blue Cedar has forged impressive go-to-market partnerships to address the needs of large corporations. The company and its dynamic management are perfectly placed to successfully address a major need in the cyber security marketplace.”

Blue Cedar’s technology is designed to help mobile application developers secure their products by allowing them to easily integrate encryption, authentication and other security services without requiring them to write any code.

Related: Application Security Firm ShiftLeft Raises $20 Million

Related: Encryption Firm Fortanix Raises $23 Million

Related: Application Security Firm Contrast Security Raises $65 Million

Written By

Eduard Kovacs (@EduardKovacs) is a contributing 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

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.

Mobile & Wireless

Apple rolled out iOS 16.3 and macOS Ventura 13.2 to cover serious security vulnerabilities.

Management & Strategy

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

Mobile & Wireless

Technical details published for an Arm Mali GPU flaw leading to arbitrary kernel code execution and root on Pixel 6.

Mobile & Wireless

Apple’s iOS 12.5.7 update patches CVE-2022-42856, an actively exploited vulnerability, in old iPhones and iPads.


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

Application Security

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