Announcing StackHawk’s Latest Financing Round
Originally posted on stackhawk.com
It feels like yesterday that my co-founders and I decided to take the leap to start a company aimed at fixing what we believe is broken about application security. Two of us with experience building tools for the DevOps ecosystem, and another with a career built in Security, agreed that most of the fundamentals of application security today needs to change, from who uses the tools, to how they work in the modern development pipeline, to how a product like this should be tested and purchased. AppSec needs to be rethought through a developers eyes and we decided to build StackHawk to give engineers the capability to easily find and fix the most egregious security bugs while writing code — not long after that code has been deployed to production.
We launched StackHawk in July of 2019. Since then, we’ve built an excellent team of engineers that are focused on our mission and have executed on delivering a product that our early access customers are excited about. (They’re also completely hysterical human beings that are a total delight to work with.)
Today, I am excited to announce that StackHawk has closed another $2.5 million financing round, bringing our total capital raised to $4.6M since July 2019. This round was led by Costanoa Ventures and Foundry Group, with participation from existing investors Flybridge Capital and Matchstick Ventures. These funds will be used to continue to accelerate product development and support go-to-market activities as we prepare for general availability of the StackHawk platform.
More than anything, we are excited to get StackHawk into the hands of more engineering teams. There is a better way to do application security and it starts with developers. With StackHawk, teams can ship secure code confidently and fix bugs quickly when they arise. We are proud of what we’ve built to date, excited about what’s to come, and grateful to have this additional financing to keep driving toward our mission even faster.
