Italian cybersecurity startup Equixly on Tuesday introduced elevating €10 million (~$11.6 million) in a Sequence A funding spherical that brings the entire raised by the corporate to over $13.3 million.
The funding spherical was led by 33N Ventures, with further assist from Alpha Intelligence Capital, JME Ventures, 360 Capital, and the Fondazione Cassa di Risparmio di Firenze.
Based in 2022, Florence, Italy-based Equixly has constructed a penetration testing platform that leverages AI to establish API vulnerabilities and assist builders handle them.
The platform, the corporate says, not solely automates API testing to establish advanced safety points, however also can predict the place flaws will happen.
Equixly’s proprietary AI brokers embed into present methods, performing like hackers to floor hidden points throughout your complete improvement lifecycle.
The platform maps a company’s complete API ecosystem, implements testing into CI/CD pipelines, learns the context, and continually screens and runs assault simulations to floor weaknesses.
Already trusted by quite a few European organizations throughout the banking, power, insurance coverage, and retail sectors, Equixly will use the recent funds to increase its world presence, beginning with the UK.
The corporate additionally plans to scale its workforce with new expertise and can spend money on the event of proprietary AI fashions.Commercial. Scroll to proceed studying.
“Equixly is making superior safety testing steady, autonomous, and accessible to each improvement and safety workforce. With agentic AI infrastructure and fashions absolutely constructed in-house, groups get the human-level reasoning they want, on the scale trendy software program calls for, whereas guaranteeing most management over information and preserving privateness,” Equixly co-founder and CEO Mattia Dalla Piazza mentioned.
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