July 22, 2024 at 08:02AM
Heeler Security, a US-based application security startup founded in 2023, has secured $8.5 million in seed funding led by Norwest Venture Partners. The company focuses on enhancing application security and efficiency with its ProductDNA technology, providing real-time code assessment and automation. Currently used by Fortune 500 companies, the technology will become generally available in Q4.
From the meeting notes, the key points include:
– Heeler Security, a US-based application security startup founded in 2023, has raised $8.5 million in a seed funding round led by Norwest Venture Partners, with additional support from Storm Ventures.
– The company’s focus is on helping organizations protect their applications and improve security without impacting efficiency.
– Heeler’s ProductDNA technology provides real-time code, behavior, and business context, automating the assessment of security risks and prioritizing operations and objectives for organizations.
– The solution acts as a shared operating platform for security teams and developers, ensuring continuous security throughout the application’s lifecycle and offering visibility into the risks introduced by code changes, facilitating collaboration and eliminating false positives.
– Heeler also offers secrets management, incident tracking, and automated response, and integrates with existing tools and platforms for comprehensive security.
– The ProductDNA technology is already used by multiple partners, including Fortune 500 companies, and will become generally available in the fourth quarter of the year.
– CEO Chris Hertz mentioned that the seed funding will support the execution of their vision to create a platform that offers comprehensive SDLC security at the convergence of application and cloud.
Additionally, related news include funding announcements from Ctera, SYN Ventures, Fianu Labs, and Kivera in the cybersecurity and cloud security space.