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BlueFlag Security raised $11.5M in a seed funding round led by Maverick Ventures and Ten Eleven Ventures to redefine software development lifecycle (SDLC) security.

PRIVATEMar 21, 2024

Amount Raised

$11.5 Million

Round Type

Seed

SunnyvaleInformation TechnologySoftwareSecurityCyber SecurityNetwork Security

Investors

Pier 88 Investment PartnersTen Eleven VenturesMaverick Ventures

Description

BlueFlag Security announced a $11.5 million seed funding round led by Maverick Ventures and Ten Eleven Ventures, with participation from Pier 88 Investment Partners. The investment will fund the development of BlueFlag’s SDLC security and governance platform, which delivers end-to-end, identity-centric protection across the development lifecycle from code to production.

Quick answer

BlueFlag Security raised $11.5 Million in a Seed round, dated March 21, 2024. Investors: Pier 88 Investment Partners, Ten Eleven Ventures and Maverick Ventures. BlueFlag Security is based in Sunnyvale, California, United States.

How much did BlueFlag Security raise?
BlueFlag Security raised $11.5 Million in a Seed round on March 21, 2024.
Who invested in BlueFlag Security?
Pier 88 Investment Partners, Ten Eleven Ventures and Maverick Ventures are named as investors in this round.
What does BlueFlag Security do?
BlueFlag Security is an identity-based developer security company focused on helping manage developer risks across the software development lifecycle (SDLC) process using a single integrated platform.
Where is BlueFlag Security based and how big is it?
BlueFlag Security is based in Sunnyvale, California, United States. Fundz records about 35 employees.
Who are the decision-makers at BlueFlag Security?
Fundz holds 3 contacts at BlueFlag Security, including the Vice President of Sales, Americas. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as BlueFlag Security that raised within 45 days of this round, from Fundz verified event records.

  • ThreatLocker raised $69M on April 8, 2024.
  • TrojAI raised $5.8M (Seed) on April 3, 2024.
  • TrojAI raised $2.5M (Seed) on March 25, 2024.
  • Cyera raised $200M (Series B) on March 13, 2024.
  • Resonance Security raised $1.5M (Pre-Seed) on May 1, 2024.
  • Corelight raised $150M (Series E) on April 30, 2024.

Who to call at BlueFlag Security, and when

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Company Information

Company

BlueFlag Security

Location

Sunnyvale, California, United States

About

BlueFlag Security is an identity-based developer security company focused on helping manage developer risks across the software development lifecycle (SDLC) process using a single integrated platform. By leveraging advanced AI-driven insights and a unique focus on identity, BlueFlag aims to close the critical gaps left by conventional security measures, offering a robust multi-layer defense against software supply chain risks. This identity-first approach, combined with innovative technology, promises a seamless integration into existing SDLC processes, enhancing security without compromising efficiency. Learn more about BlueFlag Security at www.blueflagsecurity.com.

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Related People

3 contacts
Verified contactsRob, Vice President of Sales, Americas hiddenSee plans and pricing
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BlueFlag Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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