Synopsys Sets Course After Agreeing to Acquire WhiteHat Security

Funding Rounds

Summary

Jason Schmitt, general manager of the Software Integrity Group at Synopsys, said the DAST tools developed by WhiteHat will complement the existing static, interactive and software composition analysis tools that Synopsys currently provides. The acquisition comes at a time when many organizations are trying to determine how far left to shift responsibility for application security toward developers. While developers have a role to play, Schmitt said that shifting responsibility for applications completely left is a fallacy. DevOps teams will need to rely more on platforms that provide guardrails that enable developers to build secure applications in a way that doesn’t create a lot of additional friction, he said. Today, the challenge is that much of an organization’s security budget is allocated to networks and endpoints rather than applications, added Schmitt.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors 2bCrowdFunded Digital Magazine, Assentive Solutions Lead investors
Company - Funded company

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applications
Web and Content Management

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Software Development SaaS Web Tools

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$10M to $25M