Codezero – an innovator in secure enterprise microservices development – announced a $3.5 million seed-funding round led by cybersecurity-focused VC firm Ballistic Ventures. Ballistic Ventures’ funding added to the support from the existing list of angel investors and advisors, including Thomas Dohmke, Nick Caldwell, Marty Weiner, and James Routh.
This funding round marks a major leap forward in Codezero’s goal to reimagine multi-cloud collaborative microservices development. With the new funding round, Codezero will grow its sales and marketing teams and expand its partner network. This move is also strategic for the company’s impact on enterprise DevOps and DevSecOps organizations, cloud-service providers, and cloud migration specialists.
The developer security problem is a complex set of risks caused by the multiple levels of access and control that developers require in various staging and production systems. This situation is filled with unintended risks, as developers often require elevated permissions to create, manage, and deploy software and infrastructure.
Codezero Teamspaces is an identity-aware overlay network where developers can instantly create environments consisting of services spanning local, cloud, and colleagues’ computers. They can do this without direct access to credentials.
Teamspaces offers a locally accessible ephemeral environment identical to production. This allows developers to be more productive and deliver higher-quality code faster. Teamspaces can span multiple cloud vendors and be accessible to developers across the globe safely and seamlessly.
KEY QUOTES:
“Multi-cloud, microservices-based architectures have become essential for digital business transformation. However, developing microservices across disparate cloud environments can force tradeoffs between developer productivity and security. Codezero eliminates these tradeoffs. Our mission is to empower DevOps teams with collaborative, multi-cloud infrastructure that prioritizes both security and developer productivity. As a cybersecurity-focused VC firm, Ballistic shares in this mission, and we’re thrilled to be a part of their portfolio.”
– Reed Clayton, Co-founder and CEO of Codezero
“Our investment in Codezero fits squarely into two of our investment themes. The Codezero solution solves what is arguably the largest outstanding issue in the ‘Shift-Left’ security theme. It also brings a scalable and manageable ‘Zero Trust’ approach to the provisioning of developer access. With their impressive team and technology, we’re excited to have Codezero join the portfolio.”
– Roger Thornton, General Partner of Ballistic Ventures, who joins the Codezero Board of Directors as part of the firm’s investment
