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Venture Capital News: BlueFlag Security Launches With $11.5M Seed

2024-03-21
SUNNYVALE, CA, BlueFlag Security today announced a $11.5 million seed funding round to redefine software development lifecycle (SDLC) security.
Led by Maverick Ventures and Ten Eleven Ventures with participation from Pier 88 Investment Partners, the investment will fund the development of BlueFlag's SDLC security and governance platform, which delivers end-to-end, identity-centric protection across the development lifecycle from code to production.

BlueFlag Security is an identity-based developer security company focused on helping manage developer risks across the software development lifecycle (SDLC) process using a single integrated platform. By leveraging advanced AI-driven insights and a unique focus on identity, BlueFlag aims to close the critical gaps left by conventional security measures, offering a robust multi-layer defense against software supply chain risks. This identity-first approach, combined with innovative technology, promises a seamless integration into existing SDLC processes, enhancing security without compromising efficiency.
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