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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. ....
5 Min Read WASHINGTON (Reuters) -The hacking group behind the SolarWinds compromise was able to break into Microsoft Corp and access some of its source code, Microsoft said on Thursday, something experts said sent a worrying signal about the spies’ ambition. FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson Source code - the underlying set of instructions that run a piece of software or operating system - is typically among a technology company’s most closely guarded secrets and Microsoft has historically been particularly careful about protecting it. It is not clear how much or what parts of Microsoft’s source code repositories the hackers were able to access, but the disclosure suggests that the hackers who used software company SolarWinds as a springboard to break into sensitive U.S. government networks also had an interest in discovering the inner workings of Microsoft products as well. ....