Pynt Team (from website)
Pynt, an Israeli cybersecurity startup, raised $6 million in Seed funding led by Joule Ventures with the participation of Dallas VC and Honeystone Ventures.
Founded in 2022 by CTO Ori Goldberg, CSO Golan Yosef and CPO Ofer Hakimi, Pynt is an automated API security testing solution that allows organizations to effortlessly eliminate complex application security risks right from the early stages of the development lifecycle.
APl Security breaches are the fastest-growing cyber attack vector, explains Pynt, with many organizations facing attacks through their APIs on a daily basis. However, most organizations lack the specialized skills and resources to address API security.
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The use of APIs is exploding, with 83% of internet traffic today related to API services. These software interfaces enable seamless integration, propelling businesses toward success. But reliance on them has created myriads of critical vulnerabilities. API security breaches can happen anywhere, as incidents at Twitter and LinkedIn exemplify, casting a worldwide shadow over cyber defenses.
Pynt alleviates the tension between Development and Security by making API security inherent to the development process from left to right. AND by providing the much-needed visibility and control to security owners to meet their compliance goals.
“API security is top of mind for security professionals and business stakeholders alike, and for good reason. Putting up an API to your application and data is like opening up doors to your castle. These doors should be both secure by design and well-guarded with the ‘door makers’ and ‘guards’ sharing the responsibility”, said Pynt Co-Founder and CEO Tzvika Shneider.
“It’s the same thing for API security: developers and security experts should share the responsibility. The problem is, developers don’t know much about security, and security people can’t be involved in development. And both already have a lot on their plate. We solve that problem by elegantly shifting left API security, improving both productivity and security. That’s why thousands of developers and security experts have been working with our platform from the get-go”.
