What is Cycode?
Cycode operates as a comprehensive software supply chain security provider, offering a unified platform that delivers visibility, security, and integrity across the entire software development lifecycle (SDLC). By leveraging its unique Knowledge Graph, the company provides deep context into the SDLC, which significantly improves the accuracy of security assessments and reduces mean-time-to-remediation (MTTR). The platform effectively consolidates the functionality of eight distinct AppSec tools, enabling advanced features such as Pipeline Composition Analysis. This capability allows organizations to identify vulnerable dependencies and security threats that are frequently overlooked by legacy Static Application Security Testing (SAST) and Software Composition Analysis (SCA) tools. Cycode's market position is defined by its ability to prioritize threats based on actual exploitability, thereby streamlining security workflows for modern development teams.
How much funding has Cycode raised?
Cycode has raised a total of $182.6M across 4 funding rounds:
Angel/Seed
$4.6M
Series A
$20M
Series B
$56M
Private Equity
$102M
Angel/Seed (2019): $4.6M with participation from Justin Somaini, Eyal Gruner, Andy Grolnick, Mike Fey, and YL Ventures
Series A (2021): $20M led by YL Ventures and Insight Partners
Series B (2021): $56M supported by Insight Partners
Private Equity (2024): $102M featuring General Catalyst, Rally Ventures, and Costanoa Ventures
Key Investors in Cycode
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors, leveraging deep operational expertise to accelerate growth.
Rally Ventures
Rally Ventures specializes in early-stage business technology, providing hands-on support and strategic resources to high-potential firms in the cybersecurity and SaaS landscape.
Costanoa Ventures
Costanoa Ventures is a venture capital firm that partners with founders to tackle significant challenges in enterprise software, offering long-term operational guidance and engagement.
What's next for Cycode?
With the support of major enterprise-level funding, Cycode is well-positioned to accelerate its product roadmap and expand its global footprint. The strategic focus will likely center on deepening the integration of its AppSec platform with existing developer workflows, further reducing friction in the security remediation process. As the company scales, it is expected to leverage its recent capital to enhance its market presence, targeting large-scale enterprises that require robust, automated security solutions to protect their software supply chains. The ongoing commitment from high-profile investors suggests a strong confidence in Cycode's ability to redefine industry standards for application security and maintain its competitive edge in the cybersecurity sector.
See full Cycode company page
