Kodem comes out of stealth with $25M to tackle application security

Kodem comes out of stealth with $25M to tackle application security

11 months ago
Anonymous $KxGqLmj_R3

https://techcrunch.com/2023/06/13/kodem-comes-out-of-stealth-with-25m-to-tackle-application-security/

A new startup is entering the fray in the market of application security: Kodem, a company out of Israel founded by a team of security veterans from none other than the NSO Group, focuses on determining and mitigating risks by tapping into the runtime intelligence of individual applications. Today, it is emerging from stealth, armed with a total of $25 million.

The funding includes both a Series A of $18 million led by Greylock with a seed of $7 million co-led by TPY Capital and Greylock. Kodem’s CEO Aviv Mussinger said it has been using the funds to build and now launch its platform globally. Founded in 2021, Kodem said that it already has customers in financial services, insurance, and technology.