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Cloud-Native Utility Safety Agency Apiiro Raises $100 Million

By Ionut Arghire on November 04, 2022

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Cloud-native software safety supplier Apiiro this week introduced that it has raised $100 million in Sequence B funding. Up to now, the corporate has raised $135 million.

The brand new funding spherical was led by Common Catalyst, with extra participation from Greylock and Kleiner Perkins.

Apiiro was based in 2018 in New York, to enhance the safety of cloud-native functions by way of full visibility into modifications made to code bases, in order that points may be resolved earlier than they’re launched in manufacturing.

The corporate’s answer covers your entire growth course of, to deal with safety dangers from design to code to cloud and enhance software program provide chain safety.

Apiiro will use the brand new funding to speed up enterprise and advance its cloud-native software safety platform.

“The unrelenting demand for subsequent technology software safety options has allowed us to deploy our product at-scale with main Fortune 500 prospects. Early innovation enabled us to develop sooner and extra effectively than the competitors, and we’re constructing the corporate for hyper progress,” Apiiro co-founder and CEO Idan Plotnik stated.

Apiiro’s funding spherical was introduced solely weeks after negotiations to be acquired by Palo Alto Networks reportedly broke down.

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