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Wib Launches API Safety Platform After Elevating $16 Million

By Eduard Kovacs on November 08, 2022

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Israel-based API safety firm Wib on Tuesday introduced the launch of its product, in addition to a $16 million funding spherical.

The corporate says its API safety platform supplies full visibility and management. Its capabilities embody automated stock and alter administration, and the platform permits organizations to establish rogue and shadow APIs, and analyze enterprise threat and influence.

Wib was based in August 2021 by serial entrepreneur Gil Don (CEO), Ran Ohayon (CRO) and Tal Steinherz. The corporate’s headquarters are in Tel Aviv, Israel, but it surely additionally has places of work in the USA and United Kingdom.

The funding spherical was led by Koch Disruptive Applied sciences (KDT), with participation from Kmehin Ventures, Enterprise Israel, Techstars and present buyers.

The funding might be used to reinforce Wib’s API safety platform and speed up the corporate’s worldwide development.

A number of API safety corporations have introduced vital funding rounds over the previous two years, together with Noname Safety ($60 million), Ghost Safety ($15 million), Corsha ($12 million), Salt Safety ($30 million), 42Crunch ($17 million), Traceable ($60 million), Cequence ($60 million) and Pangea ($25 million).

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