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Secure Code Warrior raises US $50M Series C funding round

July 17, 2023
in Business
Secure Code Warrior raises US $50M Series C funding round
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Secure Code Warrior, a prominent agile learning platform for developer-driven security leaders, has recently concluded its Series C funding round with impressive results.

The round was led by Paladin Capital Group and raised a substantial $50 million USD, marking the largest investment since its establishment and bringing its total funding to over $100 million USD.

The infusion of fresh capital will play a crucial role in accelerating Secure Code Warrior’s product innovation endeavours. The company aims to enhance its platform and strengthen its go-to-market strategies, with a specific focus on expanding its market share. Additionally, the funding will enable Secure Code Warrior to further empower developer and engineering teams by equipping them with the necessary skills to effectively identify vulnerabilities and rectify code faster,utilisingg cutting-edge AI technology.

The Series C round witnessed the participation of existing investors Goldman Sachs and ForgePoint Capital, showcasing their unwavering commitment and deep understanding of Secure Code Warrior’s vision. This continued support reaffirms the investors’ belief in the company’s mission to enable developers and engineers to assume the role of their organisations’ primary line of defence for secure code.

“Secure Code Warrior has proven they are at the forefront of enabling developers to remain agile while learning secure coding,” said Mourad Yesayan, Managing Director, Paladin Capital Group and Secure Code Warrior Board member.

“The value they deliver to 600 enterprises and counting has never been more important in this dynamic, AI-influenced global economy where secure-aware developers and engineering teams are a massive asset. It is a privilege to be on this journey with Pieter Danhieux, Matias Madou, and the entire Secure Code Warrior organisation, and we are excited about new innovations the company will bring to bear to make secure coding even more accessible to the broader market.”

“Vulnerable code continues to be a risk with commercial and reputational impact on enterprises. While traditional tools help with application security, hands-on cybersecurity education adds the differentiated ability to build secure software,” said David Campbell, Managing Director, Goldman Sachs. “From its inception, Secure Code Warrior’s singular mission has been to help developers build more secure code in enterprises across financial services, technology, manufacturing, and so many other industry sectors.”

“Enterprises know that there is no one size fits all approach to developer-driven security and seek the ability to offer solutions that are effective across their teams,” said Co-founder and CEO, Pieter Danhieux.

“We have focused on our platform to enable agile learning, through multiple learning paths and experiences, including our real-time feedback option with Coding Labs, to create the most comfortable learning environments possible. This reality wouldn’t be possible without the continued trust and confidence of our investors and our employees. I couldn’t be more thrilled to welcome Nanhi and Patrick, who will, undoubtedly, provide invaluable contributions in the months ahead.”

To learn more about the company’s funding and how its agile learning platform gives organizations the most effective solution for developer- driven security, please visit Secure Code Training for Developers | Secure Code Warrior.

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Copyright for syndicated content belongs to the linked Source : Dynamic Business – https://dynamicbusiness.com/topics/news/secure-code-warrior-raises-us-50m-series-c-funding-round.html

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