ArmorCode, a Palo Alto, CA-based company which specializes in application security posture management (ASPM) and risk-based vulnerability management (RBVM), raised $40M in Series B funding.
The round was led by HighlandX, joined by NGP Capital, along with participation from existing investors Ballistic Ventures, Sierra Ventures and Cervin Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Nikhil Gupta, CEO, ArmorCode works for security teams so their organizations can ship secure software and ship it fast. The AI-powered ArmorCode Platform unifies application security, infrastructure vulnerability management, and supply chain security, integrating with security scanners across applications, infrastructure, containers, and cloud to normalize and correlate findings and orchestrate security workflows in a single platform so security teams can realize holistic visibility, flexible agility, and cross-team collaboration.
Customers include leading brands across eight different categories like Media and Entertainment, Hotels, Industrial Controls, Healthcare, Consulting, Semiconductors, Financials, and Fixed Asset Management,
FinSMEs
04/12/2023