RunSafe Security, a McLean, VA-basede provider of a patented process to immunize software from cyber attacks without developer friction, held a second close of $3.5M in Series A funding.
Backers included Lockheed Martin Ventures and NextGen Venture Partners. This round followed RunSafe’s initial close of $6.3M in Series A funding announced in late December, bringing its total Series A investment to $9.8M.
The company, which had also raises $2.4m in seed funding, intends to use the funds to continue to expand operations and its business reach.
Led by Joe Saunders, CEO, RunSafe provides a patented platform, Alkemist®, which deploys in DevSecOps software pipelines across build and deploy toolchains to protect firmware, OS, containers, virtual machines, and applications. Originally born out of a research project for the Advanced Research Projects Agency of the Department of Defense (DARPA), Alkemist is a software security product that immunizes open source, in-house developed code, and third-party binaries, while leaving each system functionally identical, but logically unique.
Customers span the enterprise, suppliers and manufacturers, and national security industries.
The company also has an office in Huntsville, Alabama.
FinSMEs
06/03/2020