PingSafe Raises $3.3M in Seed Funding
Summary
PingSafe, a San Francisco, CA- and Bangalore, India-based provider of a cloud native application protection platform (CNAPP) powered by attacker intelligence, raised $3.3M in Seed funding. The round was led by Sequoia Capital India and Southeast Asia’s (now known as Peak XV Partners) Surge with participation from angel investors like Rahul Chari (Co-Founder & CTO, PhonePe), Neeraj Arora (ex-CBO, WhatsApp), Pratyus Patnaik (Senior Director, Engineering, Okta), Vivek Ramachandran (Founder, SquareX), Gaurav Agarwal (Co-Founder & CTO, Tata 1mg), Saurya Prakash (Co-Founder, Recko) and Tanglin Ventures. Led by CEO Nishant Mittal, CTO, and Anand Prakash, CEO, PingSafe is a CNAPP platform whose offensive security engine helps businesses address the most critical and exploitable vulnerabilities at speed and scale. Utilizing its Offensive Security Engine, PingSafe then detects toxic and exploitable vulnerabilities, allowing security teams to make efficient decisions without relying on human verification of alerts. The solution helps secure cloud environments across various hyper scalers like AWS, GCP, Azure and various deployments like Kubernetes, VMs, and serverless.
Funding
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