DeepFactor, a San Jose, California-based leader in developer-native continuous AppSec observability tools, raised a $15 million Series A funding round led by New York-based global private equity and venture capital firm Insight Partners.
Insight Partners, joined by all existing investors, including Emergent Ventures and Security Leadership Capital, as well as participation from the leading test automation company, Tricentis. With this round, DeepFactor has raised a total of $18.4 million to date.
The company will use the new funds to continue the development of its groundbreaking continuous AppSec observability platform, which automatically observes billions of live telemetry events in every thread/process/container to detect anomalies without making any code changes to the application.
Company: DeepFactor, Inc.
Raised: $15.0M
Round: Series A
Funding Month: September 2021
Lead Investors: Insight Partners
Additional Investors: Emergent Ventures, Security Leadership Capital and Tricentis
Company Website: https://www.deepfactor.io/
Software Category: AppSec observability platform
About the Company: DeepFactor is the industry’s first continuous AppSec observability platform for cloud-native applications that enables Engineering teams to find and fix supply chain, security, privacy, and compliance risks in running applications—including 3rd party components—within the DevOps pipeline. In parallel, AppSec teams can establish governance and manage alert policies. With zero code changes, DeepFactor automatically observes billions of live telemetry events in every thread/process/container to detect anomalies during a test, staging, and production. Customers receive unparalleled runtime insights, extraordinary visibility into the software supply chain, prioritized vulnerabilities with reduced SCA alert volume, enhanced DAST insights, and faster scans. DeepFactor plans to introduce a SaaS offering to complement the self-hosted version which is 100% architected for Kubernetes and can be deployed on EKS, AKS, GKE, EC2, or VMware.
Source: https://www.globenewswire.com/news-release/2021/09/21/2300510/0/en/DeepFactor-Secures-15M-in-Series-A-Funding-to-Deliver-Modern-AppSec-for-Cloud-Native-Applications-Powered-by-Continuous-AppSec-Observability.html