Vorlon, a leading platform for comprehensive third-party API security, announced it has raised $15.7 million in capital to further its efforts to help CISOs and their security teams proactively secure the third-party APIs their organizations consume. Accel leads this Series A round with additional support from Shield Capital and others.
Large organizations increasingly rely on third-party vendors’ applications and services to drive efficiency within their businesses. App-to-app communication now represents a significant amount of internet traffic, and the third-party APIs an organization consumes pose a great security risk—usually by granting overly permissive access to sensitive data. Vorlon enables Enterprises to proactively manage their third-party API attack surface with AI-driven detection, enhanced threat intelligence, and remediation capabilities.
Accel and Shield Capital are joined by several notable cybersecurity investors, such as Demisto co-founders Slavik Markovich, Rishi Bhargava, Dan Sarel, and Guy Rinat. These investors worked closely with Vorlon’s co-founders at Demisto before Palo Alto Networks acquired it for $560 million in 2019. D.J. Patil (former Chief Data Scientist of the U.S.), Nir Polak (cybersecurity investor and former CEO of Exabeam), and Paul Cheesborough (CTO of Fox Corporation) are also notable Vorlon investors.
KEY QUOTES:
“Third-party API security is a massive gap in cybersecurity. Since our launch in February of this year, we’ve seen incredibly high demand for the platform from security teams around the world, so we are beyond grateful to our funding partners for supporting our efforts to expand our business.”
- Amir Khayat, CEO and Co-Founder of Vorlon
“In many cases, organizations won’t find out about a vendor’s data breach until months after the fact. Vorlon’s ability to reduce the timeline between threat detection and remediation to minutes is what makes this technology so powerful. Accel is excited to continue our support for Amir, Amichay, and the team at Vorlon as they grow.”
- Steve Loughlin, Partner at Accel
“Vorlon’s innovative approach to securing third-party APIs addresses a critical gap in the current cybersecurity infrastructure. We’re proud to be supporting Vorlon and their efforts to safeguard the digital assets that power the global economy and secure critical infrastructure.”
- Raj Shah, Managing Partner at Shield Capital
