San Francisco, California-based Wallarm on Thursday introduced elevating $50 million in a Sequence C funding spherical that brings the whole raised by the API safety firm to greater than $70 million.
The funding was led by Toba Capital and it’ll assist Wallarm improve and prolong its merchandise.
Wallarm has developed what it describes as a unified platform for API and agentic AI safety, designed to assist organizations cease assaults.
Prospects can use the platform to guard their APIs and AI brokers by means of capabilities reminiscent of real-time blocking and abuse detection.
Wallarm lately unveiled a penetration testing service for agentic AI to help organizations in assessing and securing AI-driven programs.
“At Wallarm, our mission has all the time been clear: ship highly effective, confirmed API safety that really stops real-world threats,” mentioned Ivan Novikov, CEO and co-founder of Wallarm. “This newest spherical of funding marks a pivotal second—not only for our firm, however for the safety business at massive.”
“We’re doubling down on innovation to equip safety groups with the intelligence and automation they should keep forward of more and more refined and focused API assaults. Our purpose is to provide safety groups precision tooling that integrates natively with fashionable stacks, and stops threats earlier than they turn into incidents,” Novikov added.
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