Cycode Raises $56M in Series B Funding


Cycode, a San Francisco CA-based supply chain security software company, raised $56M in series B funding.

The round was led by Insight Partners with participation from YL Ventures.

The company intends to use the funds to accelerate sales growth and the development of its product roadmap.

Led by Lior Levy, CEO, Cycode provides a supply chain security software solution that provides visibility, security, and integrity across all phases of the SDLC. It integrates with DevOps tools and infrastructure providers, hardens their security postures by implementing consistent governance, and reduces the risk of breaches with a series of scanning engines that look for issues like hardcoded secrets, infrastructure as code misconfigurations, code leaks and more. Its knowledge graph tracks code integrity, user activity, and events across the SDLC to prioritize risk, find anomalies, and prevent code tampering.

The funding follows Cycode’s $20m Series A funding in May of 2021 and brings the total investment to $81m.