Apiiro, a company based in Tel Aviv Israel and New York, said on Tuesday that it received a $35 million A-round investment from Kleiner Perkins and Greylock to fuel sales and marketing for technology it says can help organizations weed out insecure code and risky application development practices.
The investment marks one of the biggest early stage bets on the fast-evolving market for so-called “DEVSECOPS ”in which development and security teams are closely integrated as part of agile, CI/CD (continuous integration continuous delivery) development processes.
Apiiro makes technology that can identify and fix security problems during the development process. The company’s Code Risk Platform accelerates development by allowing organizations to identify and prioritize risky code changes before they become part of the development pipeline, said Idan Plotnik, apiiro’s CEO and co-founder.
The platform uses patent-pending technology to learn the historical behavior of application code, infrastructure-as-code and open source components. It