42CRUNCH SECURES $17 MILLION IN SERIES A FUNDING LED BY ENERGY IMPACT PARTNERS AND WITH PARTICIPATION FROM ADARA VENTURES.
From Seed to $17m Series A in just 11 months
42Crunch, a global leader in API security, announced today that it secured $17 million in Series A funding led by Energy Impact Partners and with participation from venture capital firm Adara Ventures. We initially backed this exceptional team at the seed stage just 11 months ago, and we are delighted to support them again in their Series A round.
Trusted by 200k developers to secure the world’s APIs
APIs will become the #1 attack vector of cyberattacks by 2022 (Source: Gartner), yet many companies still lack API-specific security measures. 42Crunch is helping companies secure their API ecosystems by bridging the gap between API development and security teams with a simple, automated platform that provides auditing, live endpoint scanning, and micro API firewall protection.
As Isabelle Mauny, 42Crunch CTO, explains, “The cost of fixing security flaws at production time is a major issue for enterprises. Our mission is to make API threat protection as agile and automated as development. The overwhelming success of our platform plugins, which have now been installed by 200K developers, is proof that security can truly become part of the whole API lifecycle, provided developers are equipped with the right tools.”
The Adara view: API Security is now top of the CISO agenda
With 83% of all internet traffic now occurring via API and data leaks on the rise from faulty API security, the need for API-focused security solutions has never been greater. That’s why we are passionate about supporting 42Crunch as they continue pioneering a movement that seeks to make security a key part of the development lifecycle.
We believe strongly in 42Crunch’s ability to deliver API security at scale and congratulate the team on their remarkable journey and achievements so far.
Nuevos informes y series de datos: El Capital riesgo Informal en España 2020 / Informe de Impacto Económico y Social del Capital Privado en las operaciones de Middle Market en España. 2018 (ASCRI) / Informe de Impacto Económico y Social de los préstamos otorgados por Enisa
Otros informes destacados: Madurez del Venture Capital en España. (English version)/ Financiación de startups de Energía en España / El tiempo de las desinversiones en Private Equity en España (English version)
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