ArmorCode Raises $16 Million in Funding

by Ben Murray in March 4th, 2026

ArmorCode, a Palo Alto, CA–based company that provides a unified exposure management platform, has raised $16 million in strategic funding. 

Investors 

The round was led by Cheyenne Ventures, with participation from Ballistic Ventures, Highland Capital, Sierra Ventures, NGP Capital, Harmonic Growth Partners, Tau Ventures, and Cervin. 

Cheyenne Ventures is a venture capital and expansion-stage investment firm headquartered in Woodside, California. The firm provides flexible equity financing to growth- and expansion-stage companies. It focuses on sectors such as technology, consumer products, healthcare, and data/AI, and works closely with founders and existing investors to support long-term company growth. 

Phil Venables, Venture Partner at Ballistic Ventures and former CISO for Google Cloud and Goldman Sachs, will join the company’s Board of Directors. 

ArmorCode Use of Funds 

The company will use the funding to expand its agentic AI platform, scale global go-to-market initiatives, grow its partner ecosystem and sales teams, and continue product innovation. 

About ArmorCode 

ArmorCode is a cybersecurity company that provides a unified exposure management platform designed to give enterprises visibility into application, cloud, infrastructure, and AI-related risks. It helps organizations manage security risk and governance across today’s heterogeneous technology environments. The company’s agentic AI platform leverages the Anya Agentic Framework to automate multi-step security workflows and provide governance over AI agents, MCP servers, and shadow AI usage. Its unified exposure management capabilities deliver visibility, insight, and control across four solutions: application security posture management, vulnerability management, software supply chain security, and AI exposure management.  

Funding Details 

Company: ArmorCode 

Raised: $16.0M 

Round: Strategic Funding 

Funding Date: March 2026 

Lead Investor: Cheyenne Ventures 

Additional Investors: Ballistic Ventures, Highland Capital, Sierra Ventures, NGP Capital, Harmonic Growth Partners, Tau Ventures, Cervin 

Company Website: https://www.armorcode.com/  

Software Category: Cybersecurity / Exposure Management / AI Security Governance 

Source: https://www.businesswire.com/news/home/20260303648962/en/ 

Your cart