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Wallarm Raises $55 Million in Series C

Wallarm, a San Francisco, CA-based company that specializes in API and AI security, has raised $55 million in Series C funding.

Ben Murray profile image
by Ben Murray
Wallarm Raises $55 Million in Series C

Wallarm, a San Francisco, CA-based company that specializes in API and AI security, has raised $55 million in Series C funding. 

Investors 

The round was led by Toba Capital, with participation from both existing and new investors. 

Toba Capital, an early-stage venture capital firm founded in 2012 with offices in Los Angeles and Newport Beach, CA, manages approximately $1.3 billion in assets. The firm focuses on investments in SaaS, IT infrastructure, and climate technology, typically at the seed and Series A stages. 

Wallarm Use of Funds 

The company will use the funds to expand product innovation, accelerate growth, and strengthen its platform’s capabilities in API and AI security. 

About Wallarm 

Wallarm is a cybersecurity company specializing in API and application security. Its platform combines automated API discovery, threat detection, real-time attack protection, and security testing to defend against modern threats such as API abuse, OWASP Top 10 attacks, bot traffic, and zero-day vulnerabilities. Headquartered in San Francisco, California, Wallarm’s mission is to deliver powerful, proven API protection that effectively stops real-world threats. 

Funding Details 

Company: Wallarm 

Raised: $55.0M 

Round: Series C 

Funding Date: July 2025 

Lead Investor: Toba Capital 

Additional Investors:

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

Software Category: API & AI Security 

Source:https://www.wallarm.com/press-releases/wallarm-announces-55-million-in-series-c-to-transform-api-security-for-the-ai-era 

Ben Murray profile image
by Ben Murray

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