How Much Did Legit Security Raise?
Funding & Key Investors

Legit Security has successfully secured a major strategic investment, reinforcing its position as a critical player in the software supply chain security market. This latest capital injection, totaling $40M, brings the company's cumulative financing to $40M. The influx of resources underscores the growing enterprise demand for automated, pipeline-centric security solutions that can mitigate vulnerabilities without impeding the velocity of modern software development cycles.

As organizations increasingly rely on complex, distributed software factories, the need for continuous assurance and automated discovery has become paramount. Legit Security’s ability to attract significant backing from top-tier venture firms highlights the market's recognition of its unique approach to securing the entire SDLC, from code and infrastructure to the human elements involved in the deployment process.

What is Legit Security?

Legit Security
SoftwareSecurity Software

Legit Security operates a sophisticated SaaS platform designed to protect software supply chains from sophisticated cyber threats. By automatically discovering and securing pipelines, infrastructure, and code, the company enables businesses to maintain high-speed release cadences while ensuring robust security posture. The platform integrates hundreds of expert-developed security policies, providing a comprehensive, easy-to-implement solution that supports both cloud-native and on-premises environments. This holistic approach to application security ensures that enterprises can identify and remediate vulnerabilities in real-time, effectively safeguarding the software factory against evolving attack vectors.

How much funding has Legit Security raised?

Legit Security has raised a total of $40M across 1 funding round:

2023

Series B

$40M

Series B (2023): $40M with participation from The TCV, Bessemer Venture Partners, and Charles River Ventures

Key Investors in Legit Security

The TCV

The TCV is a specialized organization that delivers local workforce solutions and training contracts, often partnering with public and private sectors to drive regional development.

Bessemer Venture Partners

Bessemer Venture Partners is a prominent global venture capital firm with a long history of investing in transformative technology companies across various stages of growth.

Charles River Ventures

CRV is a long-standing venture capital firm focused on early-stage technology startups, providing strategic partnership and capital from founding through to IPO.

What's next for Legit Security?

With this latest round of financing, Legit Security is well-positioned to accelerate its product roadmap and expand its market reach. The company is expected to focus on deepening its automated analysis capabilities and scaling its enterprise-grade security policies to meet the needs of global organizations. By leveraging the expertise of its strategic partners, Legit Security aims to solidify its leadership in the software supply chain security sector, driving innovation in how businesses manage risk within their development pipelines. Future growth will likely center on enhancing integration with existing DevOps toolchains and expanding its footprint in the competitive cybersecurity landscape, ensuring that security remains a foundational element of the digital transformation journey.

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Frequently Asked Questions Regarding Legit Security Financial Insights

What are the most recent funding rounds that Legit Security has completed, and what were the funding rounds?
Legit Security has recently completed 1 funding rounds: Series B on Sep 21, 2023.
What is the total amount of funding Legit Security has raised to date?
Legit Security has raised a total of $40M in funding to date.
How many funding rounds has Legit Security completed?
Legit Security has completed 1 funding rounds.
How much funding did Legit Security raise in its most recent funding round?
Legit Security raised $40M in its most recent funding round.
Who are the lead investors in Legit Security's latest funding round?
The lead investor in Legit Security's latest funding round was The TCV. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Legit Security's history?
The largest funding round in Legit Security's history was $40M.
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