Categories: Funding

BluBracket Announces $6.5M in Seed Funding

BluBracket, the company’s leader in code security, today introduced its product suite, representing the industry’s first comprehensive code security solution in the enterprise. As a testament to its early technical lead in an important new category, BluBracket was selected as a finalist in the prestigious RSA Conference Innovation Sandbox Contest, an annual competition featuring the most innovative and promising cybersecurity startups of the year.

“Just as we’ve seen hackers exploit tools like email, they’re now exploiting code and code sharing tools like GitHub. For many companies, their intellectual property is now enclosed in code, not documents. Until now, there has been no secure code tool that does not interfere with the productivity of developers,” said Prakash Linga, CEO of BluBracket. “We are thrilled that the 2020 RSAC Sandbox Committee has already named us as an innovator. We believe that our technology, our team and our customers have brought us into an important category, and we look forward to meeting this critical need for our customers. “That’s right.

In addition, BluBracket has raised $6. 5 million seed round led by Unusual Ventures, with the participation of Point72 Ventures, SignalFire and Firebolt Ventures.

“Code is more valuable and distributed than ever before, yet the tools used for cloud-based, modern software development do not have the insight or control of today’s business demands,” said John Vrionis, founder and partner at Unusual Ventures. “At Unusual, we’re looking for true founders who drive innovation through technology When we saw the vision of BluBracket, combined with the team’s experience, our decision was an easy one. We look forward to accelerating their vision to transform this important new category of cyber security “That’s right.

Critical need for security of code

BluBracket secures the most valuable and vulnerable enterprise asset code today. The world is now running on software BluBracket is making it safe

Today’s digital environment is collaborative, open and complex-with developers using code management and sharing sites like GitHub and StackOverflow and including open source in more than 90% of all new applications. Source code is too valuable to leave an asset exposed, with security and engineering teams having no visibility where the corporate code has been cloned, exposed or stolen.

As this code moves to the cloud, security becomes even more challenging as hackers have noticed that these coding environments are an open door to the enterprise, with scores of high-profile breaches coming from Uber, AWS, Starbucks, Capital One, and many more.

“Open source code and tools have taken over the lifecycle of software development,” said Jim Zemlin, Executive Director of the Linux Foundation and Board Member at BluBracket. “We’ve seen tremendous innovation driven by these changes, but we’ve also seen traditional models and tools struggle to keep pace with the pace set by developers and devotees. Code security that respects the productivity of developers is a critical need for companies that see software as the foundation of their competitive advantage. “That’s right.

BluBracket has been built for-and with-business leaders

Over the last year, BluBracket has partnered with dozens of CISOs and CTOs to design its product suite, giving it an advantage born of real-world expertise. These companies represent a cross-sector of industries, including financial services, transport, entertainment and media, and travel and hospitality.

“We use technology at Compass to drive competitive advantage in everything we do,” said Bill Martiner, Head of Enterprise Technology at Compass Real Estate. “Securing code is a key part of our security puzzle, and it is clear that BluBracket’s vision provides comprehensive security for the modern software development cycle. Code is a valuable IP that needs to be protected and I am pleased to work with BluBracket on this important technical innovation. “That’s right.

“In our business, more and more intellectual property and sensitive information is found in the code, yet there are very few solutions on the market to protect it,” said John Terrill, CISO of Point72 Asset Management. “BluBracket understands the challenge that companies like us face and has built a unique platform to help us protect our data assets. “That’s right.

“Source code is critical to our business, both in applications we write and in the infrastructure on which our technology operates,” said John Visneski, Data Protection Officer at Pokémon Company International. “We are excited to work with BluBracket on this important solution that protects our valuable IP and our underlying systems. Code is only increasing in importance and speed of deployment BluBracket’s knowledge of both development and security has been translated into a product that secures this important aspect of our business. “That’s right.

Introduction of the BluBracket Code Security Suite

According to IDC, the market for devops tools is projected to reach $15 billion in 2023, driven by continued enterprise adoption of highly automated CI/CD, infrastructure provisioning and DevSecOps. These innovations have been a boon to speed and innovation, but they have not been designed for safety and security teams to adjust.

BluBracket combines deep expertise in enterprise safety with innovative and developer-friendly technology. Its BluBracket:CodeInsights and BluBracket:CodeSecure products give companies the key to unlocking software innovation while protecting their enterprise infrastructure and valuable intellectual property assets.

With BluBracket, companies can for the first time:

-Discover and classify your code Companies can run a BluPrint of their Git environment to understand where their code is and who has access to it. They may also classify their most critical code for detailed chain of custody information for any compliance or audit needs.

-Identify and monitor your risks BluBracket can detect secrets in code, misconfiguration and other risks and ensure that no sensitive passwords or tokens are misappropriated, mishandled or misused.

-Protect the precious code All visibility, alerting and remediation needed to take action and protect the investment of code from insider and outsider code theft or unauthorized release to open source.

-To enforce security policies BluBracket bridges the gap between your security, development and devotion teams by making security policies workable and enforceable in your CICD pipeline.

Come and meet us at the RSAC:

BluBracket will be one of the top ten finalists for the Sandbox Innovation Contest at the RSA Conference. On Monday, February 24, the finalists will present a three-minute pitch followed by a question-and-answer round as they battle on stage for the title “Most Innovative Startup” “That’s right.

BluBracket will also be exhibiting at RSA on Early Stage Expo booth 27. Please contact us at www to schedule a demo or talk to sales. Blocket Come on,

About BlueBracket

Founded by security veterans and built alongside Fortune 500 security and engineering leaders, BluBracket is the first comprehensive security solution to make code safe-so developers can innovate and collaborate and security teams can sleep at night. Companies using BluBracket will be able to discover and secure their code environments while maintaining the innovation and speed they need to compete with each other. BluBracket provides security at the speed of the code You can find more information at www Blocket Come on,

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/BluBracket/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

Leave a Comment
Share
Published by
Tags: INVC

Recent Posts

Commentary on HealthTech Startups in Singapore

Singapore has always had a progressive healthcare system with prioritizing innovative solutions to the existing…

3 years ago

What are Ponzi Schemes?

A Ponzi scheme is a fraudulent investment scheme that aims to give its investors high…

3 years ago

Commentary on Prop Tech in China

According to the Global Prop tech Survey, 2019 published by KPMG one of the key…

3 years ago

How do shell companies operate?

In April 2016, the world witnessed one of the biggest information leaks in history, consisting…

3 years ago

Singapore based cybersecurity company Silent Eight raises $8.8M

Silent Eight a global technology company that helps combat money laundering and terrorism financing using…

3 years ago

Retail-tech startup Gully Network Raises $1.2 Million

Indian startup Gully Network Retail Pvt Ltd, a retail-tech startup focused on providing services to…

3 years ago