Legit Security Founders CEO Roni Fuchs, CTO Liav Caspi, and VP of R&D Lior Barak Credit for the pictures Liron Weissman
Legit Security, an Israeli cyber security startup with an enterprise SaaS solution for securing an organization’s software supply chain, raised $40 million in a Series B round of funding led by CRV with participation from existing investors.
Legit Security came out of stealth about a year and a half ago with a $30 million Series A fundraising round.
Founded in September 2020 by CEO Roni Fuchs, CTO Liav Caspi, and VP of Research and Development Lior Barak. The company has gathered a team of security experts from the renowned Israeli Defense Forces Unit 8200, Checkmarx, Ping Identity, Duo/Cisco, Microsoft, and other leading cybersecurity firms in the United States and Israel.
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Legit Security protects software supply chains from attack by automatically discovering and securing the pipelines, infrastructure, code, and people so that businesses can stay safe while releasing software fast. Software supply chain security is important because it can help to protect organizations from a variety of threats
Software supply chains are the networks of people, processes, and technology that are involved in the development, delivery, and maintenance of software. They include everything from the code itself to the tools and infrastructure used to build and deploy it, as well as the people who write, test, and support it.
Software supply chains are becoming increasingly complex and interconnected, as businesses rely more and more on third-party components and services. This complexity can make them more vulnerable to attack, and a single compromise in one part of the supply chain can have cascading effects throughout the ecosystem.
Legit Security boasts that its ASPM platform continuously reduces application risk through discovery, analysis, correlation, and remediation of application vulnerabilities from code development all the way to cloud deployment. The platform provides real-time visibility and security control across changing development environments and provides a unified application security control plane that consolidates vulnerabilities from different sources, enforces security policies, and prioritizes risk to help focus on what’s most important. Security teams uses the platform to identify security gaps in real-time and leverage unparalleled context to streamline developer collaboration and remediation, enabling application security to be more efficient, effective and productive.
“We founded Legit Security with the mission to secure the world’s software with a platform that continuously manages application security from code to cloud,” said Roni Fuchs, co-founder and CEO of Legit Security. “We are honored to work closely with our customers to solve these challenges, and their insights have pushed us to develop a holistic approach to modern application security that brings security and development closer together for greater speed, efficiency and collaboration. With this investment our mission gains additional traction and speed, including new capabilities to extend visibility, security and governance to AI-generated code and embedded Large Language Models (LLMs) in applications.”
