Highlights:

  • Legit Security promotes its platform as a way for customers to stay safe while releasing software quickly by automatically detecting security concerns from code to the cloud, remediating threats, and preserving the integrity of every software release.
  • Legit Security’s ASPM platform also provides compliance checks, including real-time risk grading, gap analysis, and continuous drift tracking.

Legit Security Ltd., an application security posture management platform startup, announced that it has raised USD 40 million in new funding to expand its sales, marketing, and R and D efforts, as well as to address the emerging threat of artificial intelligence and large language models in the development of new applications.

Legit Security, founded in 2021, provides an ASPM platform that enables secure application delivery and protects software supply chains from attacks. From code development to cloud deployment, the platform decreases application risk by discovering, analyzing, correlating, and remediating application vulnerabilities.

Legit Security promotes its platform as a way for customers to stay safe while releasing software quickly by automatically detecting security concerns from code to cloud, remediating threats, and preserving the integrity of every software release. According to the company, the service provides visibility and security control over changing development environments using a unified application security control plane, leveraging valuable context and traceability from code to the cloud to prioritize security issues and streamline vulnerability management.

The platform provides productivity gains by aggregating vulnerabilities, expediting risk assessments, and automating remediation. As a result, the platform is said to reduce expenses by eliminating redundant security controls and optimizing their placement.

Legit Security’s ASPM platform also provides compliance checks, including real-time risk grading, gap analysis, and continuous drift tracking.

Some Fortune 500 companies are among the customers of Legit Security. The most notable include the New York Stock Exchange, Google LLC, Kraft Heinz Co., Chipotle Mexican Grill Inc., Netskope Inc., and Takeda Pharmaceutical Company Ltd.

Fortune 500 organizations are among Legit Security’s clients. Google LLC, the New York Stock Exchange, Kraft Heinz Co., Netskope Inc., Chipotle Mexican Grill Inc., and Takeda Pharmaceutical Company Ltd. are among its notable clients.

The funding round was led by Charles River Ventures LLC, with participation from previous investors, including Cyberstarts Inc., Bessemer Venture Partners LLC, and Technology Crossover Ventures LLC.

Roni Fuchs, Chief Executive and Co-founder of Legit Security said, “We founded Legit Security with the mission to secure the world’s software with a platform that continuously manages application security from code to cloud.”