News Article

ShiftLeft Raises $20M in Series B Funding
Date: Feb 12, 2019
Source: Finsmes ( click here to go to the source)

Featured firm in this article: Shiftleft Inc of Santa Clara, CA

ShiftLeft, Inc., a Santa Clara, Calif.-based application-specific cloud security platform provider, raised $20m in Series B funding.

The round, which brought total funding raised to nearly $30m, was led by Thomvest Ventures with participation from new investor SineWave Ventures as well as existing investors Bain Capital Ventures and Mayfield.

The company is using the funds to drive broader adoption of its code-informed runtime protection by expanding its product portfolio, application coverage and global sales and marketing initiatives.

Led by CEO Manish Gupta and newly added vice president of worldwide sales Jim Sortino, ShiftLeft provides a continuous application security platform, purpose-built for the modern software development life cycle. It combines next-generation static code analysis (to accurately identify vulnerabilities) with application instrumentation (to protect the application) in an automated workflow. This combination of runtime-informed code analysis and code- informed runtime protection delivers automated, and comprehensive application security solution.

As part of its growth initiative, the company has also created an advisory board of prominent security and development thought leaders, including:

Bob Flores, former CTO of the Central Intelligence Agency
Craig Rosen, CISO of AppDynamics
Shahar Ben Hador, CIO of Exabeam
Aaron McKeown, head of security engineering and architecture at Xero
Manish Arya, founder and CTO of Tavant
Yonatan Ryabinski, chief enterprise architect at Vanguard