M12 and Axa Venture Partners have put their weight behind Contrast Security’s series D, which brought the cybersecurity company’s total funding to $122m.
US-based cybersecurity technology provider Contrast Security closed a $65m series D round today backed by M12 and Axa Venture Partners, respective corporate venturing units of software producer Microsoft and insurer Axa.
Warburg Pincus led the oversubscribed round, while Battery Ventures, General Catalyst and Acero Capital also participated.
Founded in 2014, Contrast Security’s software detects vulnerabilities in applications and prevents data breaches. The platform identified a total of 1.9 million vulnerabilities in 2018 and protected its clients against a combined 52…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
