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Venture Capital News: SecurityPal Emerges With $21M Series A Round

2022-09-20
SAN FRANCISCO, CA, SecurityPal today emerged from stealth mode and announced a $21 million Series A round.
SecurityPal, the leading consolidated solution for companies to solve their security review challenges, today emerged from stealth mode and announced a $21 million Series A led by Craft Ventures with participation from Martin Casado at Andreessen Horowitz and angel investors including Frederic Kerrest, Executive Vice Chairman, Co-Founder, and COO at Okta, Anne Raimondi, COO of Asana, Iman Abuzeid CEO of Incredible Health, and Dev Nag, serial entrepreneur and investor. While in stealth/through word of mouth, SecurityPal quickly became the default choice for hundreds of companies including Figma, NASDAQ-listed Monday.com, and Loom to navigate the security review process while assuaging the concerns of the modern security-sensitive buyer. The new funding will be used to transform the chaotic and unpredictable security review process from a mountain of paperwork to the only consolidated platform with a "white-glove service."

SecurityPal works with the fastest growing private companies like Figma, Airtable, Monday.com, Twilio Segment, ClickUp and the F500 to quickly and accurately get through security questionnaires and accelerate the path to closed-won.
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