Cyber Security Startup Secure Code Warrior Raises US$3.5M
Cyber security firm, Secure Code Warrior has announced that it secured US$3.5 million funding from two venture capital firms.The financing was led by global venture capital fund, Paladin Capital Group, with participation from Sydney-based AirTree Ventures.
Secure Code Warrior say this round of funding will allow the company to further expand its sales and marketing activities in the US, UK and Europe, while continuing to innovate through engineering hubs in Belgium and Australia.
Secure Code Warrior is co-founded and led by CEO Pieter Danhieux and CTO Matias Madou Ph.D. Danhieux, has offices in Sydney, London, Bruges and Boston and provides a suite of secure coding tools within one SaaS platform, which aims to help developers write secure code from the start and in-line with a company’s established coding policies.
“For all the investment in application security tools, services and training, a large percentage of data breaches today are still caused by mistakes when coding,” said Danhieux. “If companies focused on engaging developers in gamified, relevant training and tools that helped them learn to code securely, most vulnerabilities would be prevented, leaving security experts and testing tools to focus on complex problems.”
Madou added: “It is imperative that organisations take security training seriously, embedding a security-first mindset into their development teams from the start. Relevant, engaging training is the fastest way to upskill dev teams and empower them with the knowledge to write secure code and build better, safer applications.”
Speaking from Paladin Capital’s offices in London, Nazo Moosa, said “The team has achieved rapid traction with Global 250 customers. Paladin is proud to support Pieter and Matias as they scale their business across priority markets which include the US and UK.”
She adds, “Secure Code Warrior are innovators in a rapidly expanding market as Secure by Design concepts are increasingly being baked into the coding process in real time not applied after the fact.”
This was posted in Bdaily's Members' News section by BS .
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