Legit Security Raises $40M to Safeguard Software with Advanced Application Security Platform, US

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Application security platform startup Legit Security has secured $40 million in funding to further develop its sales, marketing, and research and development initiatives. The company aims to tackle emerging threats related to artificial intelligence and large language models in the development of new applications. Legit Security offers an Application Security Posture Management (ASPM) platform that aids in secure application delivery and protects software supply chains from attacks. By utilizing the platform, users can identify security issues from code to cloud, swiftly address threats, and ensure the integrity of software releases. The Legit Security ASPM platform provides comprehensive visibility and security control over evolving development environments, enabling the prioritization of security issues and the streamlining of vulnerability management. The platform offers numerous benefits, including productivity gains through consolidated vulnerabilities, streamlined risk evaluations, and automated remediation. It also features compliance checking with real-time risk scoring, regular gap analysis, and continuous drift monitoring. Legit Security has experienced significant growth since its establishment in 2021, acquiring Fortune 500 companies as clients, including Google, the New York Stock Exchange, Kraft Heinz, Netskopke, Chipotle Mexican Grill, and Takeda Pharmaceutical. The funding round was led by Charles River Ventures, with participation from existing investors Cyberstarts, Bessemer Venture Partners, and Technology Crossover Ventures. Legit Security’s mission is to enhance application security by bridging the gap between security and development for greater speed, efficiency, and collaboration.

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Frequently Asked Questions (FAQs) Related to the Above News

What is Legit Security?

Legit Security is an application security platform startup that focuses on developing tools and solutions to tackle emerging threats related to artificial intelligence and large language models in the development of new applications.

What does Legit Security offer?

Legit Security offers an Application Security Posture Management (ASPM) platform that aids in secure application delivery and protects software supply chains from attacks. The platform enables users to identify security issues from code to cloud, swiftly address threats, and ensure the integrity of software releases.

What are the benefits of using Legit Security's ASPM platform?

The Legit Security ASPM platform provides comprehensive visibility and security control over evolving development environments. It offers numerous benefits, including productivity gains through consolidated vulnerabilities, streamlined risk evaluations, and automated remediation. The platform also features compliance checking with real-time risk scoring, regular gap analysis, and continuous drift monitoring.

Which companies does Legit Security cater to?

Legit Security has acquired Fortune 500 companies as clients, including Google, the New York Stock Exchange, Kraft Heinz, Netskopke, Chipotle Mexican Grill, and Takeda Pharmaceutical.

Who led the funding round for Legit Security?

The funding round for Legit Security was led by Charles River Ventures, with participation from existing investors Cyberstarts, Bessemer Venture Partners, and Technology Crossover Ventures.

What is Legit Security's mission?

Legit Security's mission is to enhance application security by bridging the gap between security and development, aiming for greater speed, efficiency, and collaboration.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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