Cycode Raises $20M in Series A Funding

Cycode, a Tel Aviv, Israel and San Francisco, CA-based company securing DevOps pipelines, raised $20m in Series A funding.

The round, which brought total investment to $25m, was led by Insight Partners, with participation from seed investor YL Ventures. In conjunction with the funding, Jon Rosenbaum, principal at Insight Partners, will join Cycode’s board of directors.

The company intends to use the funds to further accelerate growth.

Led by Lior Levy, CEO, and Ronen Slavin, CTO, Cycode protects DevOps tools such as source control management systems, build systems, registries and cloud infrastructure. The solution addresses multiple layers of security, including access and authorization, security configurations, compliance and scanning engines. This enables customers to identify code tampering, code leakage, hardcoded secrets, Infrastructure as Code (IaC) misconfigurations, excess privileges and more, all from a single platform.

The company, which has also announced it serves such customers as Grubhub, Databricks, Flexport, Rapyd, Copart and Cobalt, has hired Dor Atias as VP of R&D, Tom Kennedy as VP of Sales and Andrew Fife as VP of Marketing.