Cycode, a Tel Aviv, Israel and San Francisco, CA-based company securing DevOps pipelines, raised $20m in Series A funding.
The round, which brought total investment to $25m, was led by Insight Partners, with participation from seed investor YL Ventures. In conjunction with the funding, Jon Rosenbaum, principal at Insight Partners, will join Cycode’s board of directors.
The company intends to use the funds to further accelerate growth.
Led by Lior Levy, CEO, and Ronen Slavin, CTO, Cycode protects DevOps tools such as source control management systems, build systems, registries and cloud infrastructure. The solution addresses multiple layers of security, including access and authorization, security configurations, compliance and scanning engines. This enables customers to identify code tampering, code leakage, hardcoded secrets, Infrastructure as Code (IaC) misconfigurations, excess privileges and more, all from a single platform.
Cycode Raises $20 Million Series A Round From Insight Partners
SAN FRANCISCO, May 11, 2021 Cycode, an innovator in securing DevOps pipelines, today announced a $20 million Series A round led by Insight Partners, with participation from seed investor, YL Ventures. The new funding brings total investment to $25 million and positions Cycode to accelerate growth into securing enterprise DevOps tools such as source control management systems, build systems and cloud infrastructure.
In addition to the Series A funding, Cycode also announced the signing of new customers including: Grubhub, Databricks, Flexport, Rapyd, Copart and Cobalt. Further, Cycode has hired Dor Atias as VP of R&D, Tom Kennedy as VP of Sales and Andrew Fife as VP of Marketing.
U.S. investigators probing breach at San Francisco code testing company: firm Raphael Satter ,
By Raphael Satter
WASHINGTON (Reuters) - U.S. federal investigators are probing an intrusion at San Francisco-based software auditing company Codecov that affected an unknown number of its 29,000 customers, the firm said, raising the specter of knock-on breaches at companies elsewhere.
Codecov said in a statement hackers began tampering with its software - which is used across the tech industry to help test code for mistakes and vulnerabilities - on Jan. 31. However, the intrusion was only detected earlier this month when an astute customer noticed there was something off about the tool, Codecov said.
UPDATE 1-US investigators probing breach at code testing company Codecov Reuters 2 hrs ago
By Raphael Satter
WASHINGTON, April 16 (Reuters) - U.S. federal investigators are probing an intrusion at San Francisco-based software auditing company Codecov that affected an unknown number of its 29,000 customers, the firm said, raising the specter of knock-on breaches at companies elsewhere.
Codecov said in a statement hackers began tampering with its software - which is used across the tech industry to help test code for mistakes and vulnerabilities - on Jan. 31. However, the intrusion was only detected earlier this month when an astute customer noticed there was something off about the tool, Codecov said.
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WASHINGTON U.S. federal investigators are probing an intrusion at San Francisco-based software auditing company Codecov that affected an unknown number of its 29,000 customers, the firm said, raising the specter of knock-on breaches at companies elsewhere.
Codecov said in a statement hackers began tampering with its software – which is used across the tech industry to help test code for mistakes and vulnerabilities – on Jan. 31. However, the intrusion was only detected earlier this month when an astute customer noticed there was something off about the tool, Codecov said.
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