Secure Code Warrior, an industry-leading agile learning platform for developer-focused security leaders, has announced the completion of its Series C funding round.
The company specialises in giving developers the knowledge they need to write secure code, making it the go-to solution for over 600 enterprises aiming to instil a culture of developer-led security.
The round, raising a substantial $50m, has seen the most significant investment to date since the inception of the company. Paladin Capital Group led the funding round, contributing to the total company funding surpassing $100m.
Secure Code Warrior’s platform is designed to empower developer and engineering teams with the essential skills required to pinpoint vulnerabilities and fix code swiftly using cutting-edge AI technology. This distinctive approach to security has been embraced by sectors spanning financial services, technology, and manufacturing.
The funds garnered from the Series C round are intended to expedite Secure Code Warrior’s product innovation and enhance market presence. The company’s strategy focuses on propelling its platform and go-to-market efforts, as well as bolstering the role of developers and engineers as the first line of defence in secure code.
Participating alongside Paladin Capital Group in the funding round were existing investors Goldman Sachs and ForgePoint Capital, reinforcing their ongoing commitment to Secure Code Warrior’s vision. These investments signal a deep understanding and belief in the vital role developer-driven security plays within the organisation.
Managing Director at Paladin Capital Group and Secure Code Warrior Board member, Mourad Yesayan, shared his thoughts on the investment: “Secure Code Warrior has proven they are at the forefront of enabling developers to remain agile while learning secure coding. It is a privilege to be on this journey with Pieter, Matias, and the entire Secure Code Warrior organization, and we are excited about new innovations the company will bring to bear to make secure coding even more accessible to the broader market.”
In addition to the funding news, the company also announced new appointments to its team. Nanhi Singh, Imperva’s Chief Customer Officer, joined the board of directors, while Patrick Collins was appointed as chief product and technology officer.
“Enterprises know that there is no one size fits all approach to developer-driven security and seek the ability to offer solutions that are effective across their teams,” Co-founder and CEO, Pieter Danhieux stated. “I couldn’t be more thrilled to welcome Nanhi and Patrick, who will, undoubtedly, provide invaluable contributions in the months ahead.”
Keep up with all the latest FinTech news here
Copyright © 2023 FinTech Global
Copyright © 2018 RegTech Analyst
