202303 Aug

Raises $8M to Bring Deep Environmental Context to Application Security Posture Management

Summary

According to Gartner, this new category is poised for explosive growth over the next 3 years, going from 5% adoption across enterprises to adoption by 40% of organizations by 2026.Reflecting the tremendous growth in this new category, Tromzo in the past 6 months has already amassed customers across Fortune 500 companies, FinTech, HealthTech and unicorn SaaS businesses, while quintupling the revenue and doubling the headcount. By leveraging context from Intelligence Graph and using LLMs/AI, our customers are able to tune out irrelevant noise from the variety of security scanners and automate the remediation lifecycle of their most pressing security risks, said Harshit Chitalia, CTO and Co-founder of Tromzo.According to Joshua Scott, CISO at Postman, a Tromzo customer, We are an API Platform for developers and as the worlds largest API hub, it is paramount for our business to continuously measure and enhance the risk posture of the software we are building. Tromzos founders, with their unique blend of security domain expertise and software development backgrounds, are the best team to address this challenge. By integrating with existing development and security tools, Tromzo builds a comprehensive software artifact inventory and ownership model with intelligent context from code to cloud enabling users to automate the complete remediation lifecycle of issues that truly matter. Forbes Midas List and Inc. 5000 rankings have recognized the performance-driven achievement of Venture Guides partners multiple times.

Source: Tromzo

Funding

$8M
Amount
Aug 03 2023
Date
-
Investor
Tromzo
Company

Classifications

Companies