Security Workflow Platform Sym Secures $9 Million

By Annie Baker ● Oct 21, 2020
  • Sym, a security workflow platform for engineers, announced it raised $9 million in a Series A funding round led by Amplify Partners

Sym, a security workflow platform for engineers, announced it raised $9 million in a Series A funding round led by Amplify Partners. This round of funding rapidly follows a $3 million seed round lead by Andy McLoughlin of Uncork Capital and Robin Vasan of Mango Capital.

Angel investors Gerhard Eschelbeck (former CISO of Google), Sri Viswanath (CTO of Atlassian), and Jason Warner (CTO of GitHub) also participated. And the company will use the funds to expand its engineering team and scale its sales and marketing operations.

Sym’s platform addresses a critical security gap for engineering teams by delivering a security workflow platform that enables developers to incorporate security, privacy, and governance controls into their software development workspace and process.

And the platform contains dozens of pre-built templates that both translate common security policies into code and pre-integrate into common developer technology stacks such as identity systems like Okta and messaging systems like Slack. As a result, engineering teams demonstrate security effectiveness and accountability to its information security counterparts, all without breaking stride on the pace of development.

The security within the engineering process has become more problematic in recent years as a rise in the number of cyberthreats has put increasing pressure on engineering teams to shore up the security within their software access, creation, and deployment processes. And this effort is often at odds with competing pressure to create and release software quickly to meet market and competitive demands.

KEY QUOTES:

“We’re excited to partner with Sunil and Amplify on this mission. Engineering teams today are stuck choosing between security and speed. Our mission at Sym is to empower them to deliver perfect security and compliance workflows while maintaining their current rapid pace of development. We’re setting out to fundamentally change how companies implement and demonstrate their security posture.”

— Yasyf Mohamedali, CEO of Sym

“The tension between rapid software delivery and managing cyberthreats is widening the gap between information security and engineering teams. We backed Sym because they empower both development and infosec teams to bridge that divide. They have assembled an impressive team, innovated at a record pace, and gained the trust of a growing customer base. Amplify is fully aligned with Sym’s vision of the future and incredibly optimistic about their next phase of growth.”

— Sunil Dhaliwal, General Partner at Amplify Partners