- Bridgecrew, a company known for making it easier to deploy cloud security, announced it raised $14 million in Series A funding
Bridgecrew, a company that is known for making it simple for organizations to automatically deploy cloud security engineering, emerged from stealth mode by launching its Codified Cloud Security platform and announcing $14 million in Series A funding led by Battery Ventures with participation from NFX. Sorensen Ventures, DNX Ventures, Tectonic Ventures, and Homeward Ventures also joined the round.
A number of strategic investors and cloud-security experts also joined the Series A round. They include Lookout founder Kevin Mahaffey, Spotify’s head of security David Hannigan, Marqeta CISO David Tsao, Netflix’s head of cloud security Srinath Kuruvadi, and AWS Security senior manager Ely Kahn.
This round of funding will be used for scaling the company’s novel solution — which enables DevSecOps engineers to quickly and seamlessly secure cloud infrastructure and conduct remediation delivered as code. And the funding round comes about one year after the company was founded by cybersecurity experts Idan Tendler, Barak Schoster Goihman, and Guy Eisenkot.
Traditional cloud security tools are known for merely detecting gaps in infrastructure security, pushing open issues, and violations to DevOps and engineering teams to resolve. This requirement of manual remediation means often take days or weeks to resolve, leaving a company’s infrastructure vulnerable. And it has also become the main deterrent for companies implementing cloud security and migrating to the cloud.
Bridgecrew’s developer-first solution enables DevOps and engineering teams to save critical time and money as they address these ongoing security tasks with just the click of a button. And its automated technology is also well-suited for the age of COVID-19 and today’s volatile market environment in which many organizations are trying to automate security and DevOps processes to cut costs and become significantly more efficient.
Ever since its initial seed investment, Bridgecrew has assembled a team of world-class security and DevOps engineers to build the next-generation security platform. And it developed its game-changing platform just last year and already is helping the security and engineering teams at dozens of high-growth tech companies automate their DevSecOps work and reduce costs.
The company is now rolling out a free community offering for which customers can sign up in a matter of minutes. This offering reflects Bridgecrew’s developer-first community dedication and offers significant value to customers.
Key Quotes:
“Most security breaches happen because of a slight mistake somewhere over the course of an extremely complex process. Infrastructure security responsibility is naturally shifting left in organizations to software engineers, yet they lack the automation tools to remediate issues and quickly fix them. Bridgecrew is a developer-first company which automates security-engineering work without inflating the engineering backlog. Using rapid remediation, we not only save time and reduce workload from engineers, but we also help them to do their jobs better and ramp up organizational migration to the cloud.”
-Bridgecrew CEO and co-founder Idan Tendler (who previously co-founded Fortscale, a cybersecurity company acquired by RSA Security in 2018)
“The current enterprise security model is unsustainable, given the move to cloud-native practices. Although the massive shift to the cloud increases the ‘attack surface’ for bad actors, new opportunities are emerging for companies to fight back. Bridgecrew is a leader in this regard as the company enables developers to codify security and make it a part of their core workflows. We are excited to help Bridgecrew redefine the security landscape with this innovative approach.”
-Dharmesh Thakker, general partner at Battery Ventures
“There is a tectonic shift in which cloud security is becoming a full responsibility of engineering teams. However, current tools are not developer-friendly and just create more tasks and burdens for the engineers. I have been so impressed with what the Bridgecrew team has built in such a short period of time and how they have shown value to a growing number of developers and customers throughout the globe.”
-Gigi Levy-Weiss, managing partner at NFX
