What is Cycode?
Cycode offers a comprehensive software supply chain security solution designed to provide end-to-end visibility, security, and integrity throughout the Software Development Life Cycle (SDLC). The platform enhances existing Application Security (AppSec) tools by leveraging a Knowledge Graph to deliver complete SDLC context. This contextualization improves accuracy and significantly reduces the mean-time-to-remediation (MTTR) for security vulnerabilities. Cycode integrates the top eight AppSec tools into an advanced platform, enabling net new capabilities such as Pipeline Composition Analysis. This analysis identifies vulnerable dependencies and security flaws missed by traditional tools like Software Composition Analysis (SCA) and Static Application Security Testing (SAST), pinpointing threats across the entire SDLC and prioritizing them by exploitability.
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 Eyal Gruner, YL Ventures, Mike Fey, Andy Grolnick, and Justin Somaini
Series A (2021): $20M led by Insight Partners and YL Ventures
Series B (2021): $56M supported by Insight Partners
Private Equity (2024): $102M featuring General Catalyst, Costanoa Ventures, and Rally 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 and stages, deploying capital strategically to back ambitious entrepreneurs. They partner with founders to accelerate growth and build enduring enterprises.
Costanoa Ventures
Costanoa Ventures partners with founders tackling significant challenges in building companies, providing long-term support through various development phases with a focus on enterprise software.
Rally Ventures
Rally Ventures invests in early-stage business technology companies, particularly in AI/ML, cybersecurity, fintech, and SaaS+, leveraging strategic resources to enhance growth and impact within the B2B technology landscape.
What's next for Cycode?
With its recent major strategic investment and substantial overall capital, Cycode is well-positioned for accelerated growth and market expansion. This significant backing suggests a move towards scaling operations, enhancing product development, and potentially broadening its market reach. The company's focus on addressing the complex challenges of software supply chain security aligns with increasing industry demand for robust DevSecOps solutions. Future strategic initiatives will likely involve further integration of its platform capabilities, strengthening partnerships, and solidifying its position as a leader in providing holistic SDLC security.
See full Cycode company page
