Rezilion, a cyber startup that uses automation to change DevSecOps, today received $30 million investment in Series A funding led by Guggenheim Investments. Current and former cybersecurity professionals and luminaries from Google, Microsoft, CrowdStrike, IBM, Cisco, PayPal, JP Morgan Chase, Nasdaq, eBay, Symantec, RedHat, RSA, and Tenable contributed to the round, as did new investment partners JVP and Kindred Capital.
With DevOps, code development has become fully automated, yet there is now a crippling bottleneck between engineering and security teams. Understanding, mitigating, and limiting the risk associated with the huge lines of code published by corporations every day is a constant problem, and it still involves extensive manual work by highly skilled engineers. As a result, businesses must choose between remaining secure and distributing products quickly.
Rezilion makes security as agile as DevOps by automating repetitive security bottlenecks. It is the only approach that significantly minimizes the amount of security effort necessary to deploy new digital products while maintaining the security of software platforms. Clients who use Rezilion’s vulnerability validation technology have decreased their patching backlog by more than 70% on average, freeing up important engineering resources to focus on product expansion.
“Rezilion’s product suite is a game changer for security teams. It creates a win-win, allowing companies to speed innovative products and features to market while enhancing their security posture. We believe Rezilion has created a truly compelling value proposition for security teams, one that greatly increases return on time while thoroughly protecting one’s core infrastructure,” said Rusty Parks, Senior Managing Director of Guggenheim Investments.
“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. 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,” said Liran Tancman, co-founder and CEO of Rezilion. “
“Our technology brings developers and security teams together. This funding round will allow us to dramatically accelerate our vision by advancing product development and driving growth on a global scale,” says Shlomi Boutnaru, co-founder and CTO of Rezilion.
“Rezilion’s pioneering approach generates a host of benefits to meet the needs of CEOs, CIOs and CISOs, from expediting digital transformation, faster product rollouts and enhanced productivity and compliance to the adoption of state-of-the-art development best-practices and the guarantee of better security and improved ROI. Under the proven leadership of Liran and Shlomi, we look forward to expanding Rezilion’s markets and offerings to provide more value based on its unique technology,” stated Yoav Tzruya, General Partner at JVP.
The funds will be utilized to rapidly accelerate Rezilion’s go-to-market strategy, including partnering with other DevSecOps solution providers and expanding operations across the US and Europe. Additional product development attempts to bridge the gap between security and engineering, increasing the productivity of both teams so that software can be delivered on time and businesses can innovate more quickly.