Apiiro team (Facebook)
apiiro, an Israeli startup that boasts that it is the industry’s first Code Risk Platform in the area of DevSecOps, raised $100 million in a Series B round of funding led by General Catalyst with participation by Greylock and Kleiner Perkins.
The raise comes not long after it was revealed that a possible buy out of apiiro by Palo Alto Networks fell through over differences regarding Apiiro’s valuation.
The apiiro platform is deployed and used across industries – including two large banks in the U.S., and large enterprises in gaming, healthcare, and software development verticals.
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apiiro was founded by multi-exit entrepreneur Idan Plotnik and Yonatan Eldar, alumni of elite Israeli Defense Force (IDF) cybersecurity unit ‘Matzov’. Prior to the launch of apiiro, Idan was the founder/CEO and Yonatan was engineering manager at Aorato, a pioneer in the User and Entity Behavior Analytics (UEBA) space, which was acquired by Microsoft for $200M. Plotnik and Eldar worked at Microsoft as engineering executives leading product strategy, engineering, data science and devops.
The company declares this the first Code Risk Platform™ to automate visibility, compliance assurance & risk remediation, cross applications & infrastructure, before production.
Apiiro says that its new platform enables organizations to accelerate application and infrastructure delivery by automatically remediating risk with every change, announced today the company’s official
So what exactly is DevSecOps. Well according to IBM it is short for development, security, and operations. It automates the integration of security at every phase of the software development lifecycle, from initial design through integration, testing, deployment, and software delivery.
“The unrelenting demand for next generation application security solutions has allowed us to deploy our product at-scale with leading Fortune 500 customers,” said Idan Plotnik, co-founder and CEO of Apiiro. “Early innovation enabled us to grow faster and more efficiently than the competition, and we are building the company for hyper growth. The combination of our team, business momentum, and support from top-tier investors positions Apiiro to continue to lead a growing industry.”
