Whether you are looking to start a business, expand your current one, or find a new venture to invest in, there are many factors to consider when it comes to security, strategic capital, and the customer base you will serve. In this article, we’ll explore what these factors are and how they can affect your company’s success.
Technology
Founded by Jeff Williams, Contrast is an application security company that provides developers with next-generation code security tools. Using deep security instrumentation, Contrast identifies vulnerabilities in code, and then provides context-specific guidance for vulnerability remediation. This helps ensure applications are protected while in development and on production environments.
Contrast Security is a leading vendor in the DevSecOps space, securing applications in development with a patented technology that detects security vulnerabilities within code. The company provides the world’s only code security platform that continuously protects applications across the entire software lifecycle. By eliminating false positives, this platform frees developers from the time-consuming and error-prone task of checking code for security vulnerabilities. The platform also increases developer efficiency, reducing the time to market and cyber risk.
Contrast is a part of the growing DevSecOps space, as businesses ramp up software development efforts. According to a recent survey from GitLab, 84 percent of developers said they are releasing code faster than ever before. Using Contrast’s technology, the American College of Radiology accelerated development release cycles, ensuring their software was safe from cyberattacks. Many Fortune 500 companies are already using the company’s technology, including American Red Cross, DocuSign, BMW, and many more.
Customer base
Among the myriad startups vying for a piece of the DevSecOps pie, Contrast Security stands out. Contrast has been the recipient of a hefty $150 million in Series E funding led by Liberty Strategic Capital and Warburg Pincus. The company is also a benefactor of the AWS and Microsoft M-12 funds, respectively f95zoneusa.
Contrast boasts a customer base of several thousand developers spanning major Fortune 500 firms. Contrast has a slew of security products and services, including its own application security platform, code sanitizer, and the aforementioned security observability offering. It also has a bevy of partnerships, including with AWS, Google, and Microsoft. It’s also a member of the Cloud Native Computing Foundation. In addition, Contrast has made some impressive technology announcements, including a new serverless app and a security observability offering f95zone.
Contrast also has the largest security budget of any startup in the tech industry, courtesy of its parent company. Contrast also makes the most of its assets by keeping costs low and improving the quality of its products through product optimization.
Partnerships
Founded in 2014 by Jeff Williams and Arshan Dabirsighi, Contrast Security has developed an application security platform that is embedded into software. The company’s agents are embedded into runtime libraries, data layers and user libraries, and can detect vulnerabilities across web browsers and frameworks. In addition to spotting vulnerabilities, the company’s platform provides context-specific guidance for vulnerability remediation.
Contrast Security’s platform is a next-generation code security solution. The company combines its code analysis technology with embedded agents to provide context-specific guidance to vulnerability remediation. It removes false positives from the process and also reduces the time to market for application security. In addition, Contrast’s software is designed to provide developers with more efficient workflows.
Conclusion
The company recently raised a funding round of $150 million, led by Liberty Strategic Capital. The round also included participation from Battery Ventures and Warburg Pincus. The funding will allow Contrast to further expand its business worldwide. The company plans to use the money to accelerate global growth and implement strategic opportunities f95forum .
