Secure Code Warrior Closes Series C Funding Round, Receives $50 Million Investment
Boston, London, Sydney – July 13, 2023 — Secure Code Warrior, the leading agile learning platform for developer-driven security leaders, has announced the successful closure of its Series C funding round. The round was led by Paladin Capital Group, and it resulted in a $50 million investment, making it the largest investment since the company’s inception. This new funding brings Secure Code Warrior’s total funding to over $100 million. With this capital infusion, the company plans to accelerate product innovation and expand its go-to-market efforts.
Empowering Developer and Engineering Teams
Secure Code Warrior aims to empower developer and engineering teams to identify vulnerabilities and fix code faster using the latest AI technology. The new funding will support the company’s efforts to increase market share and further enhance its platform. By providing agile learning methods and real-time feedback options, Secure Code Warrior enables developers to learn, apply, and retain software security principles.
Commitment and Vision
Existing investors Goldman Sachs and ForgePoint Capital also participated in the Series C round, further reinforcing their commitment and understanding of Secure Code Warrior’s vision. The company’s mission is to enable developers and engineers to be the first line of defense for secure code in their organizations. This support from prominent investors demonstrates confidence in the company’s innovative approach to secure coding.
Mourad Yesayan, Managing Director at Paladin Capital Group and Secure Code Warrior Board member, commended Secure Code Warrior for its ability to enable developers to remain agile while learning secure coding. In an AI-influenced global economy, Secure Code Warrior’s value in delivering secure-aware developers and engineering teams is crucial.
David Campbell, Managing Director at Goldman Sachs, highlighted the importance of hands-on cybersecurity education in building secure software. Secure Code Warrior has carved a niche for itself in the application security space, with a focus on industries such as financial services, technology, and manufacturing.
New Board Member and Executive Appointments
In addition to the funding round, Secure Code Warrior announced the appointment of Nanhi Singh, Chief Customer Officer at Imperva, to its board of directors. Nanhi Singh brings extensive experience in transforming customer experiences and values at renowned brands such as Imperva, Symantec, Blue Coat Systems, and Nokia. Her expertise will contribute to enhancing Secure Code Warrior’s end-to-end customer experience.
The company also appointed Patrick Collins, former CEO and founder of SaaS firm 5th Finger, as its new Chief Product and Technology Officer. Collins’s enterprise B2B and eCommerce expertise will be instrumental in driving platform innovation and product strategy.
Building a Secure Future
Secure Code Warrior’s agile learning platform provides developers with the skills to write secure code. By implementing agile learning security programs, the company has gained the trust of over 600 enterprises, helping them build safer software and create a culture of developer-driven security.
Secure Code Warrior’s co-founder and CEO, Pieter Danhieux, expressed excitement about the contributions Nanhi Singh and Patrick Collins will make to the company. He emphasized the importance of offering effective solutions that cater to the diverse needs of developer-driven security in enterprises.
Editorial: Secure Coding in the Age of AI
The announcement of Secure Code Warrior’s Series C funding round highlights the growing recognition of the importance of secure coding in today’s digital landscape. With cyber threats becoming increasingly sophisticated, enterprises must prioritize building secure software from the ground up.
Traditional application security tools play a crucial role, but hands-on cybersecurity education, as emphasized by Secure Code Warrior, adds a differentiated ability to identify vulnerabilities and fix code effectively. By providing agile learning methods and leveraging AI technology, Secure Code Warrior equips developers and engineering teams with the skills needed to address cybersecurity challenges proactively.
Secure Code Warrior’s success in attracting significant investments reflects the increasing demand for developer-driven security solutions. In a rapidly evolving technological landscape, where vulnerabilities can have commercial and reputational impacts, enterprises are recognizing the value of empowering their development teams to be the first line of defense.
Ensuring a Secure Future
While Secure Code Warrior’s platform offers a comprehensive solution for developer-driven security, it is also critical for organizations to adopt a holistic approach to cybersecurity. Cyber threats evolve rapidly, and enterprises must continually update their security practices to stay ahead.
Investing in robust security infrastructure, regularly conducting vulnerability assessments, and fostering a culture of continuous learning and improvement are all essential components of a comprehensive cybersecurity strategy.
Furthermore, leaders in the technology industry have a responsibility to prioritize security in every aspect of their operations. This includes incorporating security principles into the software development lifecycle, promoting secure coding practices, and encouraging collaboration between developers and security professionals.
Ultimately, the success of secure coding initiatives hinges on the collective efforts of developers, security teams, and leadership. By investing in secure coding education and empowering developers, organizations can build a solid foundation for a more secure future.
Conclusion
Secure Code Warrior’s successful Series C funding round signifies the growing recognition of the importance of secure coding. The $50 million investment will enable the company to continue innovating its platform and empowering developers and engineering teams to build secure software.
As the threat landscape continues to evolve, developers must remain agile and equipped with the necessary skills to identify vulnerabilities and fix code effectively. With the support of investors, Secure Code Warrior is well-positioned to further its mission of enabling developers to be the first line of defense for secure code.
<< photo by Alex Knight >>
The image is for illustrative purposes only and does not depict the actual situation.
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