App security firm Apiiro nets $100m Series B


Apiiro, a cloud-native application security provider, has landed $100m in a Series B funding round headed by General Catalyst.

Also taking part in the round was Greylock and Kleiner Perkins. To date, Apiiro has raised $135m since inception.

Founded in 2018, New York-based Apiiro is a cloud application security platform that empowers security and development teams with complete visibility and actionable context – so they can proactively fix risks across the software supply chain.

The company’s solution covers the entire development process, to tackle security risks from design to code to cloud and improve software supply chain security.

According to Apiiro, the company will use the new investment to accelerate its business and advance its cloud-native application security platform.

Apiiro co-founder and CEO Idan Plotnik said, “The unrelenting demand for next generation application security solutions has allowed us to deploy our product at-scale with leading Fortune 500 customers. Early innovation enabled us to grow faster and more efficiently than the competition, and we are building the company for hyper growth.”

Arta, a new financial management platform that aims to become the family office for everyone, has launched out of stealth mode, with $90m in equity.

The funds were supplied by Sequoia Capital India, Ribbit, Coatue and over 140 angel investors. These include tech and finance leaders Eric Schmidt, Betsy Cohen, Michael Miebach, and Jeff Dean.

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