BoostSecurity Raises $12 Million in Seed Round  

by Kay Aloha Villamor in November 17th, 2022

BoostSecurity, a Montreal, Canada-based developer-first, zero-friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.

The round was led by Sorenson Capital, with participation from Hoxton Ventures, Golden Ventures, Firebolt Ventures, and Transform VC.

The funds will be used to accelerate the platform's go-to-market and engineering initiatives.

"Most software organizations do not have the resources to implement the same grade of automation and optimization as hyperscale companies do when it comes to shipping software fast and securely," said Zaid Al Hamami, CEO at BoostSecurity. "BoostSecurity empowers organizations of any size to implement the same DevSecOps processes and technologies that the most advanced organizations have refined, ultimately closing the trust gap between DevOps and security. Our platform enables early detection and remediation of security vulnerabilities at every layer of the stack while ensuring the continuous integrity of the software supply chain at every step from the developer's keyboard to cloud production."

BoostSecurity's SaaS helps engineering and security teams secure the software supply chain against CI/CD misconfigurations, insider threats, compromised dependencies, and more.

Company: boostsecurity.io Inc

Raised: $12.0M

Round: Seed Round

Funding Month: November 2022

Lead Investors: Sorenson Capital

Additional Investors: Hoxton Ventures, Golden Ventures, Firebolt Ventures, and Transform VC

Company Website: https://boostsecurity.io/

Software Category: DevSecOps Automation platform

About the Company: Founded by veteran industry experts in application security, cloud, and OSS engineering, BoostSecurity is a developer-first DevSecOps automation platform that builds trust in your software supply chain from the keyboard to production. BoostSecurity enables early detection and remediation of security vulnerabilities at DevOps velocity while ensuring the continued integrity of the software supply chain at every step from the keyboard to production. BoostSecurity® is headquartered in Montreal, Canada, with US operations in Silicon Valley, California, serving the needs of modern global customers and providers of technology, health, finance, logistics, human resources, and cybersecurity.

Source: https://www.prnewswire.com/news-releases/boostsecurity-exits-stealth-with-12m-in-seed-funding-to-build-trust-into-the-software-supply-chain-301679813.html



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