Aikido Security, a trailblazer in software security for SaaS companies, has successfully closed a €5m seed funding round.
This significant investment was co-led by Notion Capital and Connect Ventures, with contributions from Inovia Capital Precede Fund I, headed by Raif Jacobs and ex-Google CFO Patrick Pichette. Additionally, the round saw participation from renowned angel investors, including Vanta CEO Christina Cacioppo.
The €5m investment marks a pivotal step for Aikido Security. Known for its developer-first approach, Aikido Security provides a comprehensive security solution tailored to the unique needs of growing SaaS businesses. Amidst a digital environment where data breaches can cost companies millions, Aikido Security stands out with its all-in-one platform, consolidating various application security facets into a single, streamlined tool. This integration not only offers enhanced control but also significantly cuts down on false positives in security checks.
With the fresh capital, Aikido Security aims to intensify its focus on delivering an unparalleled user experience and expand its global footprint.
Aikido Security has already made substantial strides in the industry, achieving over 1000 installs in its first year and saving more than 1,500 developer working days that would otherwise be lost to false positives. Their innovative 9-in-1 security platform addresses the challenges of juggling multiple, often confusing security tools, providing a much-needed solution for security teams overwhelmed by irrelevant alerts.
Willem Delbare, CEO & CTO of Aikido, underscored the security predicaments faced by SaaS companies. “Startups often struggle with managing scattered security tools, resulting in noise and false positives that burden security staff. On the other hand, opting for expensive, fragmented security solutions leaves crucial gaps in a company’s defense. With Aikido, we want to bring a 9-in-1 security platform to the ones who need it most: security teams that are done juggling between multiple tools with confusing pricing models and countless irrelevant alerts.”
Kamil Mieczakowski, Partner at Notion Capital, lauded Aikido’s significant impact, saying, “Aikido provides a powerful yet user-friendly solution for code and cloud security, empowering businesses of all sizes to enhance their cybersecurity through a single, transformative tool.”
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