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API Safety Agency FireTail Raises $5 Million

By Ionut Arghire on December 15, 2022

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API safety startup FireTail this week introduced that it has raised $5 million in an early-stage financing spherical led by Paladin Capital Group, with participation from Basic Advance, Safe Octane, Zscaler, and angel traders.

Based in 2021, the Mclean, Virginia-based agency proposes a brand new strategy to securing Utility Programming Interfaces (APIs), serving to organizations construct API inventories and get rid of safety points related to them.

Already seeing early adopters throughout North America, Asia-Pacific, and Europe, FireTail says its platform can present steady visibility, menace monitoring, and breach prevention capabilities, with a concentrate on cloud-native functions.

In keeping with FireTail co-founder and CEO Jeremy Snyder, the corporate’s resolution targets the principle reason behind API knowledge breaches, which is represented by utility logic issues.

The brand new funding, he says, will assist the startup develop protection to further programming languages, cloud platforms, and geographies. The corporate can also be engaged on a brand new true end-to-end API safety resolution, which is scheduled for subsequent yr.

“FireTail is taking a singular strategy that makes it straightforward to embed sturdy safety safety natively inside the API itself, reasonably than making an attempt to adapt legacy community safety strategies to APIs,” Palading managing director Mourad Yesayan stated.

Associated: Snyk Raises $196.5 Million at $7.four Billion Valuation

Associated: Interpres Safety Emerges From Stealth Mode With $8.5 Million in Funding

Associated: Brazilian PAM Firm Senhasegura Raises $13 Million

Associated: AppSec Startup ArmorCode Raises $14 Million

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