BlueFlag Security, a Sunnyvale, CA-based identity-based developer security company, raised $11.5M in Seed funding.
The round was led by Maverick Ventures and Ten Eleven Ventures with participation from Pier 88 Investment Partners.
The company intends to use the funds to accelerate the development of its SDLC security and governance platform, which delivers end-to-end, identity-centric protection across the development lifecycle from code to production.
Founded by Raj Mallempati and Ken Schneider, BlueFlag Security offers a multi-layered defense platform that integrates identity security with open-source software risk management and developer tool posture management. The company works to create a secure development environment where identities are safeguarded as rigorously as the code and tools itself.
With BlueFlag Security, organizations gain:
- Continuous compliance with secure by design: A proactive stance on detecting, prioritizing, and mitigating threats within the SDLC, safeguarding against software supply chain attacks from the ground up.
- Comprehensive SDLC security beyond the code: A security framework that extends protection across developer identities, tools, and code, offering a unified perspective on risk within the SDLC.
- Transformative identity-first approach: Utilizing its patented AI/ML-powered identity intelligence framework, BlueFlag Security innovates risk mitigation and compliance automation, setting new standards in identity security.
FinSMEs
21/03/2024