DefectDojo Raises $7M in Funding to Scale Application Security Innovation
DefectDojo empowers organizations to improve their security operations and decision-making by offering a unified, scalable platform that connects security tools and data for better vulnerability management and compliance.
Company Name: DefectDojo
Location: Austin, TX
Sector: Scalable Application Security
Funding Details: Raised $7M in funding, led by Iolar Ventures and Aspenwood Ventures.
Purpose of Investment: The funds will be used to enhance innovation, advance product development, and drive market expansion.
Product and Innovation: Led by CEO and Founder Greg Anderson, DefectDojo provides a scalable, open platform designed to drive DevSecOps and unify security strategy with execution. The platform aggregates data from over 180 security tools, automates manual processes, and delivers AI-powered insights, enabling organizations to have a comprehensive view of their security posture and compliance. By leveraging advanced machine-learning algorithms, DefectDojo tracks vulnerabilities across various stages including builds, releases, CICD, repositories, engagements, and endpoints. Its automation capabilities help eliminate false positives, consolidate duplicates, and highlight vulnerability trends with precision.
Recent Developments: DefectDojo is used by a wide range of organizations, from Fortune 10 companies and international banks to government agencies, startups, and solo consultants.
About the Company: DefectDojo empowers organizations to improve their security operations and decision-making by offering a unified, scalable platform that connects security tools and data for better vulnerability management and compliance. Through AI-powered insights, the company helps users track, manage, and respond to vulnerabilities across their entire security landscape.