What is Traceable?
Traceable operates at the intersection of software engineering and cybersecurity, providing a comprehensive platform designed to secure APIs and streamline software development lifecycles. The company serves as a trusted advisor to security and risk management leaders, offering visibility and protection against sophisticated threats that target modern application architectures. By integrating security directly into the development process, Traceable enables organizations to build better software faster, effectively bridging the gap between rapid deployment and rigorous security standards. Its market position is defined by a commitment to technical excellence and a deep understanding of the challenges faced by data security teams in the enterprise space.
How much funding has Traceable raised?
Traceable has raised a total of $90M across 2 funding rounds:
Series B
$60M
Other Financing Round
$30M
Series B (2022): $60M with participation from BIG Labs, Tiger Global Management, IVP, and Unusual Ventures
Other Financing Round (2024): $30M led by Unusual Ventures, Sorenson Capital, and Citi
Key Investors in Traceable
Unusual Ventures
Unusual Ventures is a venture capital firm headquartered in Menlo Park, CA, offering programmatic and hands-on services to support early-stage and growth-stage companies.
Sorenson Capital
Sorenson Capital collaborates with B2B product-first founders, focusing on cybersecurity, applications, and infrastructure to drive efficient growth from seed to scale.
Citi
Citigroup is a global financial services institution providing a broad range of banking, investment, and capital markets solutions to corporations and institutions worldwide.
What's next for Traceable?
Looking ahead, the strategic deployment of $30M will likely focus on scaling operations and deepening the company's technological moat. As enterprises continue to migrate toward API-first architectures, Traceable is poised to capitalize on the urgent need for automated, scalable security solutions. The company's roadmap suggests a continued emphasis on enhancing its threat detection capabilities and expanding its go-to-market reach. With the support of its diverse investor base, Traceable is expected to further solidify its role as an industry-standard solution, potentially targeting broader international markets and deepening its integration with existing enterprise software stacks to maintain its competitive edge in the cybersecurity domain.
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