CyberTech StackHawk bags $20.7m in Series B raise

May 13, 2022

StackHawk, an application security startup, has raised $20.7m in a Series B funding round headed by Sapphire Ventures and Costanoa Ventures.

Also taking part in the round were Foundry Group as well as a number of other investors. To date, StackHawk has raised a total of $35.3m.

Founded in 2019, Colorado-based StackHawk claims to make it simple for developers to find, triage, and fix application security bugs. Users can scan their application for AppSec bugs in the code a team wrote, triage and fix with provided documentation, and automate in your pipeline to prevent future bugs from hitting prod.

The new funding will be used to speed up product development and continue its rapid growth.

Stackhawk board director David Hartwig said, “There is a serious gap for modern tooling that helps teams efficiently deliver secure applications. In the same way CI/CD has revolutionised how developers deliver quality applications, StackHawk is ensuring security testing is an extension of the process, making security part of the code quality discussion for developers.”