Secure Code Warrior, the global cybersecurity training company with a base in Belgium, has raised a Series B funding round of $47.6 million led by Goldman Sachs. Additional investors include ForgePoint Capital and Cisco Investments, with fresh funding from existing investors Sydney-based AirTree Ventures and US-based Paladin Capital Group.
Noting the rise of software development and the world’s economic dependence on it, cybersecurity experts Pieter Danhieux and Dr. Matias Madou were concerned about how many software vulnerabilities are left unattended and inevitably lead to security breaches.
“To put it simply, this situation has to stop. Secure Code Warrior’s vision is to make developers the first line of defense by making security highly visible and providing them with the skills and tools needed to write secure code from the beginning. Our purpose is to support their ultimate goal of shipping secure code with confidence,” explained Danhieux, co-founder and CEO.
Secure Code Warrior is an online secure coding platform that helps developers think and act with a security mindset every day. It includes support for nearly 30 programming languages and frameworks, and delivers over 3,500 training modules that cover more than 140 software weaknesses.
“The Digital Enterprise and CI/CD are two major trends that are placing the application and the developer on the frontlines of the business. Secure Code Warrior helps organizations code more securely while allowing them to maintain productivity and delivery timelines,” said David Campbell, a Managing Director in Goldman Sachs’ Merchant Banking Division who will join the company’s board of directors.
Commenting on the company’s roots and where it’s growing, Danhieux said: “While our roots are firmly based in Australia and Belgium, Secure Code Warrior has been globally focussed since day one. Early local customers such as the Commonwealth Bank and Tyro Payments have been joined by other secure coding organisations around the world such as Verizon, the BBC, DBS Bank, Revolut, Standard Chartered Bank, ING Bank, Telstra, and Motorola.”
The company now has more than 180 customers from 28 countries, with over 120 employees located around the world.
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