San Francisco-based mobile app security integration company Blue Cedar announced it raised $17 million in Series B funding. This round of funding — which was anchored by new investor C5 Capital — will be used for accelerating the growth of its no-code mobile app security integration platform.
Existing investors Benhamou Global Ventures (BGV), Generation Ventures, Grayhawk Capital, and Sway Ventures also participated in this round. Using the funding, Blue Cedar is also going to further enhance its cloud-native platform and advance its goal of automating the critical function of adding rich security controls into corporate mobile apps.
“Blue Cedar is working to help enterprises uncover the real business benefits of mobile,” said Blue Cedar CEO John Aisien in a statement. “Our focus on in-app security is enabling companies to extract maximum business value, more quickly and at lower cost, from their mobile apps. This financing milestone will allow us to concentrate on continued technology innovation, deepening our partnerships and expanding our market reach.”
Blue Cedar’s no-code and easy-to-use integration platform enable enterprises to quickly integrate sophisticated security solutions into mobile devices, iOS, and other edge apps. This saves a substantial amount of time, IT budgets, and resources.
In conjunction with this funding round, C5 Capital managing partner Daniel Freeman is joining Blue Cedar’s board.
“C5 Capital invests in companies that enable enterprises to generate more value from their data – securely and at scale,” added Freeman. “Technology that enables ‘silent’ integration of cybersecurity is at the top of every CISO’s wish list because it makes consistent application of enterprise-grade solutions easy and seamless. In a short time, Blue Cedar has forged impressive go-to-market partnerships to address the needs of large corporations. The company and its dynamic management are perfectly placed to successfully address a major need in the cybersecurity marketplace.”
