The round, which brings total funding to $54m, was led by new investor Battery Ventures with participation from existing investors General Catalyst and Acero Capital.
The company intends to use the funds to accelerate technology innovation, global expansion and growth in its customer-success team.
Led by Alan Naumann, CEO and board chairman, Contrast Security provides security technology that enables software applications to protect themselves against cyberattacks. The company’s patented deep security instrumentation – including Contrast Assess and Contrast Protect, which work together continuously across popular development (Agile, waterfall, etc.) and deployment (DevOps, cloud, containers, hybrid, etc.) methods, enables accurate assessment and always-on protection of an entire application portfolio, without scanning or expensive security experts.
FinSMEs
19/10/2017