202204 Aug

Tech News | American Press Technology News

Summary

AUSTIN, Texas--(BUSINESS WIRE)--Today, Ghost Security, a U.S. based application security company, is formally emerging from stealth mode backed by a combined $15 million investment from 468 Capital, DNX Ventures, and Munich Re Ventures.Applications are at the core of organizations of all sizes across all industries. At Ghost, we are completely rethinking the approach to securing modern applications from the ground up.Whats exciting about the Ghost platform is that it removes the complex and invasive processes required to protect applications and APIs making this type of technology more accessible to organizations across the globe, said Florian Leibert, General Partner and Co-founder at 468 Capital.Ghost is led by three entrepreneurs with a proven track record of creating game-changing cybersecurity solutions and companies. With this influx of capital, the companys focus is on continuing to build a world-class team with the experience and passion required for developing disruptive technologies.We believe the explosive growth of microservices and APIs in the cloud will continue to outpace the capabilities of existing security solutions. The team at Ghost is uniquely qualified to develop new innovations in cloud security, specifically securing vulnerable applications, microservices, and APIs.The surge in adoption of applications, APIs, and microservices represents great growth potential for businesses but also introduces many new attack surfaces, said Hiro Rio Maeda, Managing Partner at DNX Ventures. Designed for seamless implementation and scalability, Ghost enables organizations to detect application security issues faster without the frustration.

Source: Businesswire

Funding

$15M
Amount
Aug 04 2022
Date
-
Investor
Ghost Security
Company

Classifications

Companies