US continuous security platform Wabbi has secured $2m from a seed funding round led by Mendoza Ventures.
The round also saw participation from Cisco Investments, NLA, Work Bench, CPARU CEO and chairman James Cash, StormForge founder and CEO Matt Provo and Karim Lakhani.
Founded in 2018, Boston-based Wabbi enables companies to assimilate application security processes into development pipelines in order to produce and scale application security across enterprises.
According to Wabbi, it will use the new funds to scale its team to accommodate growing customer demand.
Wabbi founder and CEO Brittany Greenfield said, “We are excited to add the support of industry leading investors to help us deliver our unmatched approach to bridge the gap between security and development. The investment will enable us to meet the rapidly growing demand from new and existing customers to turn application security from a bottleneck into a strategic advantage through continuous security deployment.
“In a highly fragmented market riddled with point solutions trying to solve the problem of deploying security in modern development pipelines, Wabbi’s Continuous Security platform is unparalleled. By focusing on deploying end-to-end application security programs, organizations can enter the next era of Application Security. An era no longer limited to the lines of code, but inclusive of everything the application touches.”
Mendoza Ventures co-founder and general partner Senofer Mendoza added, “Wabbi is the right product at the right time for the right market. Every development team I have shown this solution to is genuinely excited about its ability to solve a problem they have been grappling with for too long.
“The DevSecOps market has matured to the point that it can meet the collaboration Wabbi offers. As a female-funder, I am proud to invest in Wabbi with an incredibly talented female-founder at the helm of a high-growth cybersecurity company. This investment, and Brittany’s leadership will have ripple effects across both our industries.”
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