What is Bright Security?
Bright Security is dedicated to enhancing application security at a reduced cost through its AI-powered Dynamic Application Security Testing (DAST) and Fuzzer solutions. Engineered for contemporary development environments, the company's offerings boast a 0-false positive rate and integrate directly into CI/CD pipelines. This allows development teams to conduct DAST scans as part of their automated build processes, identifying a wide array of known vulnerabilities (over 7,000 payloads) and unknown (0-day) security flaws. Bright Security supports scanning across Web, mobile, and API protocols, providing developers with actionable remediation guidelines for every identified vulnerability, thereby enabling compliance on every build.
How much funding has Bright Security raised?
Bright Security has raised a total of $24.5M across 2 funding rounds:
Angel/Seed
$4.5M
Series A
$20M
Angel/Seed (2020): $4.5M with participation from Fusion Fund, DNX Ventures, Incubate Fund, and J-Ventures
Series A (2022): $20M led by Fusion Fund, DNX Ventures, and Evolution Equity Partners
Key Investors in Bright Security
Fusion Fund
Fusion Fund is a venture capital firm that invests in early-stage startups with technical or data advantages, focusing on sectors like healthcare, enterprise AI, and industrial technology. They support founders from Pre-Seed to Series A stages and are known for their strong network and operational expertise.
DNX Ventures
DNX Ventures is an early-stage venture capital firm concentrating on B2B startups that are transforming industries. With a significant Assets Under Management (AUM), they have a track record of investing in and achieving exits for their portfolio companies, offering substantial business development support.
Evolution Equity Partners
Evolution Equity Partners is an international venture capital firm specializing in cybersecurity investments. They partner with entrepreneurs from seed to growth stages, leveraging their deep operational and technical expertise to build market-leading companies in the cybersecurity sector.
What's next for Bright Security?
With its latest strategic investment, Bright Security is poised to accelerate its growth and further innovate in the application security space. The substantial enterprise-level funding suggests a focus on scaling operations, expanding market reach, and enhancing its AI capabilities. This capital infusion will likely enable the company to solidify its position as a leader in providing developer-friendly, high-accuracy security solutions, addressing the critical need for robust application security in today's fast-paced development cycles. Future developments may include broader protocol support, deeper integration with emerging development tools, and enhanced threat intelligence.
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