SANTA CLARA, CA, ShiftLeft announced an additional $29 million in funding.
ShiftLeft, an innovator in automated application security testing, announced an additional $29 million in funding from cybersecurity-focused investor SYN Ventures and Blackstone Innovations Investments with participation from existing investors. The funding will be applied to accelerate product development, marketing and sales efforts. As part of the expansion capital funding, SYN Managing Partner Jay Leek will join the ShiftLeft Board of Directors.
ShiftLeft empowers developers and AppSec teams to dramatically reduce risk by quickly finding and fixing the vulnerabilities most likely to reach their applications and ignoring reported vulnerabilities that pose little risk. Industry-leading accuracy allows developers to focus on security fixes that matter and improve code velocity while enabling AppSec engineers to shift security left. A unified code security platform, ShiftLeft CORE scans for attack context across APIs, OSS, internal microservices, and first-party business logic by combining results of the company's NextGen Static Analysis (NG SAST) and Intelligent Software Composition Analysis (SCA). Using its unique graph database that combines code attributes and analyzes actual attack paths based on real application architecture, ShiftLeft then provides detailed guidance on risk remediation within existing development workflows and tooling. Teams that use ShiftLeft ship more secure code, faster.
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