Armed with USD 25M, Pangea Cyber Aims to Institute API-based Cloud Security Services for Application Builders

Highlights –

• Pangea aims to secure cloud applications, considered to be one of the largest areas of growth and concern in the field of cybersecurity.
• Pangea’s goal is to eliminate the problems surrounding application security and ease the developer’s journey to build security and compliance into their apps.

Pangea Cyber Corporation, an embedded security services provider, announced that it had opened the doors to business as it had emerged from stealth armed with USD 25 million in a Series A funding led by Ballistic Ventures. Other investors included SYN Ventures, Godfrey Sullivan (Former Chairman and amp; CEO, Splunk), George Kurtz (Founder and amp; CEO, CrowdStrike), and Dan Plastina (Former VP AWS Security Products).

It has become the first firm to offer a portfolio of API-based security services for application builders via a single platform. Pangea will utilize the funds primarily for product development.

Before Pangea, builders wanting to add security and compliance features to an application had to write security code from the beginning. But now, builders can approach a single, trusted source to embed their choice of security services and APIs into their application. This concept may sound similar to that of Amazon Web Services, but with its focus on cybersecurity, Pangea aims to release several dozen API-based microservices.

Besides offering its services, which include Secure Audit Log, Secure Object Store, Secure File Share, and Embargo Check, Pangea aims to aggregate and provide third-party APIs via partnerships. The firm’s services such as Secure Audit Log, Redact, and Embargo Check will now be available via its early access program.

Pangea aims to secure cloud applications, considered to be one of the largest areas of growth and concern in the field of cybersecurity. With cloud-based applications gaining popularity, it is increasingly becoming difficult to secure them. Builders do not have the relevant expertise and resources to deliver secure customer experiences.

“The meteoric rise of the cloud has created tremendous opportunities for businesses worldwide, yet the security industry has focused on building products for the enterprise end-user, not the app builder. APIs are often after-thoughts,” said Friedrichs, Founder and CEO of Pangea. “We are seizing the opportunity to give builders the capabilities to deliver a compliant and secure customer experience, easier and faster.”

A builder-first company, Pangea’s goal is to eliminate the problems surrounding application security. It also aims to simplify the developer’s journey by building security and compliance into their apps. Its clients include those organizations who want to venture into the market with secure, compliant cloud and mobile applications. SOCs who wish to automate via APIs more effectively are its clients, too.

“Every company today is building software in one form or another, and yet it isn’t feasible to expect every software builder to be a security expert. This is a huge problem that needs to be addressed and an enormous opportunity,” said Barmak Meftah, Cofounder and General Partner, Ballistic Ventures. “Pangea is taking a smart approach using compelling technology with a fantastic team. We’re excited to partner with Oliver, Sourabh and the Pangea team to reshape how the world thinks about embedding security into their applications.”