What is Legit Security?
Legit Security operates as a specialized provider of software supply chain security, offering a comprehensive SaaS platform designed to discover and secure pipelines, infrastructure, and code. The company addresses the inherent vulnerabilities in modern software factories by combining automated discovery with expert-developed security policies. Its platform is engineered to support both cloud-native and on-premises environments, ensuring that businesses can maintain high-velocity release cycles without compromising their security posture. By focusing on the intersection of developer productivity and rigorous risk mitigation, Legit Security serves as a vital layer in the modern enterprise technology stack.
How much funding has Legit Security raised?
Legit Security has raised a total of $40M across 1 funding round:
Series B
$40M
Series B (2023): $40M with participation from Charles River Ventures, Bessemer Venture Partners, and The TCV
Key Investors in Legit Security
Charles River Ventures
CRV is a venture capital firm that invests in early-stage tech startups, providing long-term partnership from founding through to IPO.
Bessemer Venture Partners
Bessemer Venture Partners is a global venture capital firm with a long history of supporting transformative technology companies across multiple stages.
The TCV
The TCV provides specialized employment and training services, operating as a strategic partner that facilitates workforce development and organizational growth.
What's next for Legit Security?
With this latest capital injection, Legit Security is poised to scale its operations and deepen its technological moat. The company is expected to prioritize the expansion of its automated analysis capabilities and the integration of advanced security policies to address emerging threats in the software supply chain. Strategic growth initiatives will likely focus on enhancing the platform's interoperability with existing enterprise CI/CD tools, thereby reducing friction for security teams. As the firm matures, it will continue to leverage its backing to solidify its reputation as a leader in the DevSecOps ecosystem, focusing on long-term sustainability and market penetration in the global enterprise segment.
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