Kryptowire Announces New Funding

Funding Rounds

Summary

Kryptowire announced a growth investment led by US Venture Partners with participation from Crosslink Capital. The company will use the funding to accelerate adoption of its intrusion-free mobile security in healthcare, financial services, and education and to support further product development. Kryptowire’s AI-enabled, cloud-based Mobile Application Security Testing (MAST) automatically scans mobile apps for security, privacy, and compliance issues without accessing source code; in 2021 it scanned over 3 billion lines of code across 70,000 apps and found over 500 vulnerabilities impacting about 2 billion devices. USVP and Crosslink will help scale the platform to secure the expanding mobile attack surface.

$ Funding

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Amount None Total raised
Date February 16, 2022 Announcement date
Investors U.S. Venture Partners, Crosslink Capital Lead investors
Company kryptowire.com Funded company

Classifications

industries
HealthTech
applications
Networking and Cloud

AskAI Classifications

Labels
Mobile Security Software Application Security SaaS

Linked Companies

Kryptowire
$1M to $5M
Quokka
$1M to $5M