Application Security

Interpres Security, a firm focused on helping companies optimise their security performance, has emerged from stealth with $8.5m in seed funding. 

Sphere Technology Solutions, a New Jersey-based firm building tech to help defenders manage identities and access to sensitive data, has scored $31m in a Series B.

Pangea Cyber, a security services provider for cloud and mobile app developers, has raised $26m for its Series B, as it looks to accelerate the delivery of its API-based services.

Just over 60% of financial services apps available on the Google Play Store are susceptible to application repackaging, or cloning, attacks.

Palo Alto Networks is set to acquire Israeli software supply chain firm Cider Security in a deal being valued at $195m.

Akeyless, which claims to be fighting secret sprawl in DevOps and hybrid cloud environments, has raised $65m in its Series B funding round.

ArmorCode, a leader in AppSecOps, has raised $14m in a Series A funding round headed by Ballistic Ventures.  

BoostSecurity, a developer-first DevSecOps automation platform, has secured $12m for its seed round, as it emerges from stealth.

As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.

Wib, a cybersecurity firm focused on API security, has landed $16m in a funding round led by Koch Disruptive Technologies.