Zenity, a Tel Aviv, Isarel-based provider of a platform for securing low-code/no-code development, raised $16.5M in Series A funding.
The round was led by Intel Capital with participation from existing investors Vertex Ventures and Upwest, as well as new investors Gefen Capital and B5. In conjunction with the latest financing, Yoni Greifman, Intel Capital Investment Director, will join the board of directors.
The company intends to use the funds to continue to accelerate its growth as well as increase hiring across engineering, security, and product teams in Tel Aviv, and the go-to-market team in North America to help drive customer expansion and acquisition.
Established in 2021 by Ben Kliger and Michael Bargury, Zenity is focused on low-code/no-code security and governance, and protects organizations from security threats, helps meet compliance, and enables business continuity. Fortune 500 organizations from financial services, pharmaceuticals, high tech and healthcare use Zenity to configure security guardrails, generate prioritized lists of vulnerabilities, and accurately pinpoint and remediate them by continuously scanning all connected low-code/no-code platforms with centralized visibility.
FinSMEs
12/09/2023