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Guggenheim Investments led a $30M Series A financing for cloud workload protection platform Rezilion. The funds will be used to accelerate Rezilion’s go-to-market strategy, including collaboration with other DevSecOps solution providers.
Rezilion, a cloud workload protection platform, has announced that it has raised $30 million in a Series A funding round led by Guggenheim Investments. Other participants include JVP and Kindred Capital. Many senior security executives Google, Microsoft, CrowdStrike, IBM, Cisco, PayPal, JP Morgan Chase, Nasdaq, eBay, Symantec, RedHat, RSA, Tenable.
The funds will be utilized to rapidly accelerate Rezilion’s go-to-market strategy, including partnering with other DevSecOps solution providers and expanding operations across the US and Europe.
At Rezilion, we are deeply committed to helping organizations drive their own innovation by reducing the resource drain, inaccuracies, and operational friction created by manual security work. We know there’s never been a better time for organizations to experience what we call ‘trust in motion,’ or the peace of mind that comes from moving fast while staying safe and secure.Liran Tancman, co-founder and CEO of Rezilion
Rezilion automates security bottlenecks, allowing security to be as agile as DevOps. It is the only approach that significantly minimizes the amount of security effort necessary to deploy new digital products while maintaining the security of software environments. According to the company’s press release, customers who use Rezilion’s vulnerability validation technology have decreased their patching backlog by more than 70% on average, freeing up important engineering resources to focus on product expansion.
Shlomi Boutnaru, co-founder and CTO of Rezilion, said, “Our technology brings developers and security teams together. This funding round will allow us to dramatically accelerate our vision by advancing product development and driving growth on a global scale.”
Rezilion’s platform produces a comprehensive, dynamic picture of all the code across a company’s cloud workloads and applications, thanks to its patented Unison workload composition analysis technology. It generates a complete software bill of materials automatically and then reverse-engineers every piece of code in the environment, determining its function and tracking its state and interactions.
Speaking about the investment, Rusty Parks, senior managing director of Guggenheim Investments, said, “Rezilion’s product suite is a game changer for security teams. It creates a win-win, allowing companies to speed innovative products and features to market while enhancing their security posture. We believe Rezilion has created a truly compelling value proposition for security teams, one that greatly increases return on time while thoroughly protecting one’s core infrastructure.”