Global secure coding company, Secure Code Warrior, today announced it had secured a Series B funding round of $47.6 million (approx €43 million) led by Goldman Sachs. Additional investors also include ForgePoint Capital and Cisco Investments, with new commitments from existing investors Sydney-based AirTree Ventures and US-based Paladin Capital Group.
Pieter Danhieux, Secure Code Warrior, Co-Founder, CEO, and Chairman, said:
As organizations around the world increase their reliance on software, the need for secure code has never been more important. However, each day, security breaches resulting from previously known software vulnerabilities occur, impacting both individuals and organizations. To put it simply, this situation has to stop. Secure Code Warrior’s vision is to make developers the first line of defense by making security highly visible and providing them with the skills and tools needed to write secure code from the beginning. Our purpose is to support their ultimate goal of shipping secure code with confidence.
Founded in 2015 by global cybersecurity experts Pieter Danhieux and Dr. Matias Madou, Secure Code Warrior is an online secure coding platform that helps developers think and act with a security mindset every day. It has customers include financial institutions, telecommunications providers, and global technology companies in Europe, North America, and the Asia Pacific.
David Campbell, a Managing Director in Goldman Sachs’ Merchant Banking Division, will join the Secure Code Warrior board of directors as part of the investment.
He said:
The Digital Enterprise and CI/CD are two major trends that are placing the application and the developer on the frontlines of the business. Secure Code Warrior helps organizations code more securely while allowing them to maintain productivity and delivery timelines. We are excited to be working with Pieter and the Secure Code Warrior team as they execute their unique vision.
It includes support for nearly 30 programming languages and frameworks and delivers more than 3,500 training modules that cover more than 140 different software weaknesses, including the all-important OWASP Top 10.
This platform is designed to be role-specific for developers and uses a mix of gamification techniques to aid learning and increase adoption across an organisation. It supports a wide range of programming languages and frameworks that power modern software, including vital digital infrastructures like web apps and services, API, mobile, IoT technology, and legacy systems still in use by major companies around the world.
The company now has more than 180 customers from 28 countries around the world. It also employs 120 people globally, with plans to continue rapid hiring in all locations and functions. In 2019 the company added new customers from Argentina, Peru, South Korea, Norway, India, South Africa, the UAE, and the Philippines.
Main image picture credits: Secure Code Warrior
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