Zenity Secures $16.5 Million in Series A

by Kay Aloha Villamor in September 14th, 2023

Zenity, an Israel-based startup that offers a solution to help secure no-code/low-code applications, secured $16.5 million in Series A funding.

SaaS Investors

The round was led by Intel Capital, with participation from Vertex Ventures, UpWest, Gefen Capital, and B5. 

Intel Capital is the corporate venture capital arm of Intel, focused primarily on investing in the Technology Sector. The firm seeks to invest in early-stage startups across four key compute tech ecosystem areas: silicon, frontier, devices, and cloud. Founded in 1991 and based in Santa Clara, California.

In conjunction with the latest financing, Yoni Greifman, Intel Capital Investment Director, will join the board of directors.

Zenity Use of Funds

Zenity plans to use the funds to continue building its team and product.

About Zenity

Founded by Ben Kliger and Michael Bargury, Zenity is a security and governance platform for low-code/no-code applications. The Zenity platform allows organizations leveraging low-code/no-code platforms to promote development in a secure and compliant way while mitigating the risks. Zenity provides security teams with continuous visibility and risk assessment across all applications, automation, workflows, and connections built across different low-code/no-code platforms while allowing them to set automated guardrails and risk mitigation through policies, playbooks, and customizations.

Funding Details

Company: Zenity LTD.

Raised: $16.5M

Round: Series A

Funding Month: September 2023

Lead Investors: Intel Capital

Additional Investors: Vertex Ventures, UpWest, Gefen Capital, and B5

Company Website: https://www.zenity.io/ 

Software Category: Security and Governance Platform 

Source: https://techcrunch.com/2023/09/12/zenity-strives-to-keep-no-code-low-code-apps-secure/


Your cart