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The Australia-based coding company Secure Code Warrior has announced that it has closed its Series C fund round, having secured US$50 million.
The increased funding, led by Paladin Capital Group, is the largest investment in the company to date, bringing total funding to over US$1 million so far.
The funding will drive innovation across Secure Code Warrior’s educational services and help the company teach the coding skills that developers and engineers need. A particular focus will be on utilising artificial intelligence to help improve code even faster.
“Enterprises know that there is no one-size-fits-all approach to developer-driven security and seek the ability to offer solutions that are effective across their teams,” said Secure Code Warrior co-founder and chief executive Pieter Danhieux. “We have focused on our platform to enable agile learning, through multiple learning paths and experiences, including our real-time feedback option with Coding Labs, to create the most comfortable learning environments possible. This reality wouldn’t be possible without the continued trust and confidence of our investors and our employees.”
The funding comes at the same time as Nanhi Singh, chief customer officer at Imperva, is appointed to the company’s board of directors, and Patrick Collins takes up the mantle of chief product and technology officer.
“I couldn’t be more thrilled to welcome Nanhi and Patrick, who will, undoubtedly, provide invaluable contributions in the months ahead.”
The Paladin Capital Group joins Goldman Sachs and ForgePoint Capital as investors.
“Secure Code Warrior has proven they are at the forefront of enabling developers to remain agile while learning secure coding,” said Mourad Yesayan, managing director of Paladin Capital Group and Secure Code Warrior board member. “The value they deliver to 600 enterprises and counting has never been more important in this dynamic, AI-influenced global economy where secure-aware developers and engineering teams are a massive asset.”
“It is a privilege to be on this journey with Pieter Danhieux, Matias Madou, and the entire Secure Code Warrior organisation, and we are excited about new innovations the company will bring to bear to make secure coding even more accessible to the broader market.”
David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.
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