ShiftLeft Raises $9.3M in Series A Funding

ShiftLeft, a Santa Clara, CA-based developer of an automated try-and-buy security solution to protect cloud applications and microservices, raised $9.3m in Series A round of funding.

Backers included Bain Capital Ventures and Mayfield, with participation from individual investors Sanjay Poonen, COO of VMware; Tobias Knaup, CTO of Mesosphere; and Prabhu Goel, father of Verilog. In addition, Enrique Salem, Bain Capital Ventures managing director, FireEye board chairman, and former Symantec CEO; and UrsheetParikh, Mayfield partner and StorSimple founder and former CEO, joined the company’s Board of Directors.

The company intends to use the funds to accelerate its commercialization efforts for its SaaS solution.

Led by CEO Manish Gupta, and CTO Chetan Conikee, ShiftLeft provides a SaaS based platform from organizations to secure their cloud applications and microservices as part of their continuous integration pipeline, rather than reacting to threats discovered in production.
The cloud software understands the security needs of each version of each application, and creates custom security and threat detection for it.
With ShiftLeft, DevOps can make threat detection part of their continuous integration/continuous deployment (CI/CD) process. ShiftLeft’s approach allows teams to both protect their applications immediately and enhance the security posture of their code.

FinSMEs

11/10/2017

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