Rezilion raises $30M to automate DevOps security tools
Rezilion Inc., a DevSecOps automation tools startup, today announced it has raised $30 million in funding led by Guggenheim Investments to scale up its operations and expand its products.
JVP and Kindred Capital also contributed to the Series A round, alongside unnamed executives from Google LLC, Microsoft Corp., CrowdStrike Holdings Inc., IBM Corp., Cisco Systems Inc., PayPal Inc., JP Morgan Chase, Nasdaq, eBay Inc., Symantec Inc., IBM’s RedHat, RSA Security LLC and Tenable Inc.
Rezilion’s solution reduces the amount of busywork DevOps teams must do during releases in order to provide security assurance by identifying what code might be exploitable and forward that to the team for examination.
Although code development has been largely automated by DevOps, which has pushed for faster and faster lifecycles, it has also meant that code delivery needs to be checked and secured and patched more quickly as well. Controlling risk has also become a bigger problem. That means many companies must weigh getting features out faster against putting apps at risk.
The sheer volume of code being produced means that security inspection can slow progress down. As a result, Rezilion’s solution uses taxonomies and machine learning context awareness to understand what the code is doing and allows DevOps teams to provide patches only when the code is actually exploitable.
“Rezilion’s product suite is a game-changer for security teams,” said Rusty Parks, senior managing director of Guggenheim Investments. “It creates a win-win, allowing companies to speed innovative products and features to market while enhancing their security posture.”
Rezilion’s two products are Rezilion Validate, which allows customers to determine only what’s exploitable, and Rezilion Certify, which allows customers to pre-define enforced environment states. Between these two products, the platform makes it possible to automate release security more readily while removing tedious manual code inspection.
According to the company, on average customers using the vulnerability validation technology have reduced their patching backlog by more than 70%.
“At Rezilion, we are deeply committed to helping organizations drive their own innovation by reducing the resource drain, inaccuracies and operational friction created by manual security work,” said Liran Tancman, co-founder and chief executive of Rezilion. “We know there’s never been a better time for organizations to experience what we call ‘trust in motion,’ or the peace of mind that comes from moving fast while staying safe and secure.”
The company intends to use the new funding to scale up its products rapidly, partner with other DevOps security solution providers and expand its own customer base across the U.S. and Europe.
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