Contrast Security said it closed on $65 million in Series D funding, as the Silicon Valley-based company with an East Coast dev and engineering office in Baltimore looks to scale its app security product.
The round was led by Warburg Pincus, a new investor in the company, with participation from existing investors including Battery Ventures, General Catalyst, Microsoft venture fund M12, AXA Venture Partners and Acero Capital. It follows a $30 million Series C round raised in 2017 and a $16 million Series B round in 2016, bringing the company’s total raised to $122 million.
Founded in 2013 by Maryland-based CTO Jeff Williams and Chief Science Officer Arshan Dabirsiaghi, the company’s technology is designed to secure businesses’ software applications by making them “self-protecting,” with tools to automate the process of detecting and fixing vulnerabilities built in at the code level. It’s offered for apps built in Java, .NET, Node.js, Ruby and Python.
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