What is Apiiro?
Founded in 2019 and headquartered in New York, New York, Apiiro operates within the computer software industry, specializing in advanced application security, comprehensive risk management, and robust cloud security solutions. The company is dedicated to providing enterprises with the tools necessary to secure their software development lifecycle and mitigate complex security risks in dynamic cloud environments. Apiiro's technology aims to shift security earlier in the development process, offering a proactive approach to application security that addresses modern development challenges.
How much funding has Apiiro raised?
Apiiro has raised a total of $135M across 2 funding rounds:
Series A
$35M
Series B
$100M
Series A (2020): $35M with participation from Asheem Chandna, Saam Motamedi, and Ted Schlein
Series B (2022): $100M led by General Catalyst, Greylock Partners, and Kleiner Perkins
Key Investors in Apiiro
General Catalyst
General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. The firm deploys capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.
Greylock Partners
Greylock is one of the oldest U.S. venture capital firms, founded in 1965 and now headquartered in Menlo Park, California. The firm focuses on early-stage technology companies in sectors such as consumer internet, enterprise software, infrastructure, AI, cybersecurity, and fintech.
Kleiner Perkins
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
What's next for Apiiro?
The substantial enterprise-level funding Apiiro has garnered indicates a strategic phase of scaling and market expansion. This capital is likely to be deployed towards enhancing its product development, broadening its sales and marketing efforts, and potentially exploring new market verticals. The company's focus on critical areas like application security and cloud risk management positions it for continued growth as organizations increasingly prioritize robust cybersecurity measures. Apiiro's trajectory suggests a move towards solidifying its market leadership and further innovating within the application security landscape.
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