The San Francisco, California-based API security startup Traceable AI has received $30 million in capital.
Investor
- IVP
- Unusual Ventures
- Geodesic Capital
- Sorenson Capital
- Citi Ventures
- The venture division of Citigroup
The firm plans to strategically grow its sales, marketing, and channel partner programs globally, support security research activities, and drive product innovation with the financing.
Traceable is an intelligent and context-aware solution that supports entire API security, API discovery and posture management, API security testing, attack detection and threat hunting, and attack prevention anywhere APIs are live. It was founded by serial entrepreneurs Jyoti Bansal and Sanjay Nagaraj.
According to the corporation, their growth was 300% more than the previous year.
Concerning Traceable
In an API-driven, cloud-first era, it is the premier API security firm in the business, assisting enterprises in achieving attack prevention and API visibility. Complete API security, including attack detection and threat hunting, API security testing, API discovery and posture management, and attack prevention wherever your APIs are hosted, is only possible with Traceable, the only intelligent and context-aware solution. With traceable APIs, businesses may reduce risk and optimize the benefits that their clients receive.