Prevoty Inc., a Los Angeles, CA-based developer of application security technology that aims to monitor and protect applications at runtime, completed an $8m Series A financing round.
The round was led by USVP.
The company intends to use the funds to expand operations.
Led by Julien Bellanger, co-founder and CEO, Prevoty provides an enterprise-class application monitoring and protection technology that enables applications to call a security engine that analyzes inputs, database queries and tokens in real-time without any dependency on patterns, definitions or signatures. If anything is found to be malicious, alerts are issued and the attack is neutralized.
The company serves Fortune 1000 clients in the financial services, media, eCommerce and education markets.
Other investors in the company include Plus Capital, Double M Capital, Core Ventures Group, Inventures Group, Daher Capital, Digi Venture Fund and Karlin Ventures.