Signal Sciences Raises $35M to Accelerate Wide-Scale Market Expansion and Technology Innovation
Summary
With this investment, Signal Sciences will aggressively accelerate its market expansion and product innovation to meet explosive customer demand for its next-gen WAF and Runtime Application Self Protection (RASP) solutions. The company’s revolutionary solution provides the broadest coverage against real threats and attack scenarios as well as integrations into DevOps tools, such as Slack, JIRA, PagerDuty, and Datadog, among many others, that enable engineering and operations teams to share security responsibility. “We believe our rapid customer growth and five-star Gartner reviews validate that we have, by far, the best WAF technology in a surging web app security market, and were using our funding to continue to build on that lead,” said Andrew Peterson, CEO at Signal Sciences. “The skyrocketing numbers in the web app security market shows the urgent need for better protection in todays dynamic threat landscape, and Signal Sciences has set a new standard with automation and integrated technology that excels at digital speed and enterprise scale. Lead Edge Capital is a growth stage investment fund with $1.8 billion under management, and portfolio companies across the internet, software and consumer spaces – including Alibaba Group, Asana, Bazaarvoice, Duo Security, Spotify, Toast and Uber.
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