What is Apiiro?
Founded in 2019, Apiiro operates within the critical domain of computer software, specializing in application security, risk management, and cloud security solutions. The company aims to provide comprehensive security frameworks for modern development pipelines. Its focus on these high-demand areas positions it as a key player in the cybersecurity landscape, addressing the evolving threats and compliance requirements faced by enterprises.
How much funding has Apiiro raised?
Apiiro has raised a total of $135M across 2 funding rounds:
Series A
$35M
Series B
$100M
Series A (2020): $35M with participation from Asheem Chandna, Saam Motamedi, and Ted Schlein
Series B (2022): $100M led by Kleiner Perkins, General Catalyst, and Greylock Partners
Key Investors in Apiiro
Kleiner Perkins
Kleiner Perkins is a prominent venture capital firm based in Menlo Park, known for investing in early and growth-stage technology and life science companies across various sectors, including enterprise and hard tech.
General Catalyst
General Catalyst is a venture capital firm that backs transformational business opportunities, focusing on ambitious entrepreneurs and management teams across technology, healthcare, and financial services, providing capital and operational support.
Greylock Partners
Greylock Partners, a long-standing venture capital firm, specializes in early-stage technology investments, particularly in enterprise software, AI, and cybersecurity, having backed numerous market-defining companies.
What's next for Apiiro?
The substantial enterprise-level backing, particularly the recent major strategic investment, signals Apiiro's strong growth trajectory and market potential. This capital infusion is expected to fuel further innovation in its application security and risk management technologies, potentially enabling expansion into new markets and strengthening its competitive position. The company's progression through Series B funding suggests a strategic focus on scaling operations, enhancing product development, and solidifying its enterprise client base. Apiiro is poised to leverage this investment to further its mission of securing cloud-native applications and mitigating complex security risks.
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