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Backslash Snags $8M Seed Financing for AppSec Tech “Unlock the Secret to Lasting Weight Loss: Answers Here!”

The enterprise AppSec market is an increasingly lucrative space, and the emergence of Backslash Security from stealth on Wednesday with $8 million in seed-stage capital and new technology to identify and mitigate “toxic code flows” in cloud-native applications is set to shake things up. The Israeli startup was funded by StageOne Ventures, First Rays Venture Partners, D. E. Shaw & Co., as well as a number of prominent security practitioners and entrepreneurs.

Backslash’s technology is designed to provide enterprise AppSec teams with the modern tooling they need to visualize, prioritize, and act upon high-risk code combinations in their cloud-native applications. By mapping and serving up a preferred threat model and automatically identifying and prioritising code risks, Backslash is looking to uplevel the cloud-native security game for AppSec teams. Additionally, the company’s product simplifies vulnerability and risk remediation with automated risk identification, and helps free up AppSec teams to set and enforce cloud-native security policies while cutting the time and resources needed to chase code issues.

Backslash Security’s emergence is the latest example of the ever-growing AppSec market, which has seen other startups such as Cider Security, Oligo Security, and ArmorCode receive significant funding in recent years. This influx of capital and new technology to the market shows that AppSec is a rapidly evolving space, and one that holds great potential for companies looking to secure their cloud-native applications.

In summary, Backslash Security is an Israeli startup with $8 million in seed-stage capital and new technology to identify and mitigate “toxic code flows” in cloud-native applications. The company’s product is designed to provide enterprise AppSec teams with the modern tooling they need to visualize, prioritize, and act upon high-risk code combinations, and will help free up AppSec teams to set and enforce cloud-native security policies while cutting the time and resources needed to chase code issues. Backslash Security’s emergence is the latest example of the ever-growing AppSec market, and shows that AppSec is a rapidly evolving space.

Key Points:

  • Backslash Security emerged from stealth on Wednesday with $8 million in seed-stage capital and new technology to identify and mitigate “toxic code flows” in cloud-native applications.
  • The company’s product is designed to provide enterprise AppSec teams with the modern tooling they need to visualize, prioritize, and act upon high-risk code combinations.
  • The influx of capital and new technology to the AppSec market shows that AppSec is a rapidly evolving space, and one that holds great potential for companies looking to secure their cloud-native applications.

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