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ArmorCode Raises $40 Million in Series B Funding

2023-12-04
PALO ALTO, CA, ArmorCode, announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Premier venture firm HighlandX led the round.
ArmorCode, the leader in Application Security Posture Management ASPM and Risk-Based Vulnerability Management (RBVM), today announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Premier venture firm HighlandX led the round, joined by NGP Capital, along with participation from existing investors Ballistic Ventures, Sierra Ventures and Cervin Ventures. As part of HighlandX's investment, Managing Partner Corey Mulloy will join ArmorCode's board. This marks a total of $65 million raised to propel organizations toward fully understanding and improving the state of their software risk.
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