StackHawk Raises $20.7 Million in Series B Funding


StackHawk, a Denver, CO-based company that makes application security testing part of software delivery, raised $20.7 in Series B funding.

The round, which brings total funding raised to $35.3m, was led by Sapphire and Costanoa Ventures, with participation from Foundry Group and other high-value investors.

The company intends to use the funds to invest in product development to maintain its position in developer-first application and API security testing.

Led by CEO Joni Klippert, StackHawk provides a platform that empowers engineers to find and fix application security bugs at any stage of software development. The company serves customers in FinTech, HealthTech, cloud analytics and AI platforms.