Legit Security, a leading cybersecurity firm, is celebrating a major achievement with a $40 million investment. The company successfully concluded a $40 million venture capital funding round led by CRV, with participation from existing investors including Cyberstarts, Bessemer Venture Partners, and TCV.
At the core of Legit Security’s offerings is its innovative Application Security Posture Management (ASPM) platform. This platform ensures secure application delivery from the coding stage to the cloud. It not only provides continuous risk management throughout the application lifecycle but also serves as a comprehensive security control center that consolidates vulnerabilities from various sources. The primary goal is to streamline collaboration among developers, enhance remediation efforts, and create a more efficient and productive application security process.
With this new funding, Legit Security plans to expand its Sales, Marketing, and Research & Development operations. Additionally, a significant portion of the investment will be dedicated to addressing emerging risks associated with Artificial Intelligence and Large Language Models (LLMs) in the context of new application development.
Gartner, a respected industry analyst firm, predicts that by 2026, over 40% of organizations creating custom applications will adopt ASPM. Gartner recognizes ASPM as a transformative technology that will significantly impact the landscape of application security. Legit Security already boasts an impressive client roster that includes companies like Google, NYSE, Kraft Heinz, and Takeda Pharmaceuticals.
By FCCT Editorial Team freeslots dinogame telegram营销
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