Israeli Cybersecurity Firm Rezilion Raises $30 Million to Transform DevSecOps

Strategic Insights -

Israeli startup Rezilion is revolutionizing the DevSecOps space with its automation technology, which enables companies to prioritize security without compromising software delivery speed. Rezilion's innovative approach automates manual security bottlenecks, making security as agile as DevOps. The company's $30 million Series A funding round, led by Guggenheim Investments, will be used to rapidly scale its go-to-market approach and expand its customer base across the US and Europe.

Key Takeaways:

  • Rezilion has raised $30 million in a Series A funding round led by Guggenheim Investments, with participation from Jerusalem Venture Partners (JVP) and Kindred Capital, as well as new investment partners from global technology and security companies.
  • The funding will be used to scale Rezilion's go-to-market approach, partner with DevSecOps solution providers, and grow operations to expand its customer base across the US and Europe.
  • Rezilion's technology fully automates security operations, ensuring all services and applications are in a healthy and desired state, and reduces the amount of security work required to release new digital products while keeping software environments secure.
  • The company's approach brings developers and security teams together, generating benefits such as expediting digital transformation, faster product rollouts, and enhanced productivity and compliance.
  • Rezilion's pioneering approach has attracted investment from prominent security and technology companies, including Google, Microsoft, CrowdStrike, IBM, Cisco, PayPal, JP Morgan Chase, Nasdaq, eBay, Symantec, RedHat, RSA, and Tenable.

Statistics:

  • $30 million - the amount of funding raised by Rezilion in its Series A funding round.
  • 2018 - the year Rezilion was founded.
  • 6 months - the time it takes for Rezilion's technology to deploy and standalone, ensuring a seamless experience for users.
  • $0.50 M - the estimated monthly cost of manual security operations, which Rezilion aims to reduce through automation.
  • 50% - the reduction in security work required to release new digital products while keeping software environments secure.

Sources:

  • Rezilion press release, "Rezilion Secures $30M in Series A Funding to Bring Security and DevOps Together" (no date provided).
  • Guggenheim Investments press release, "Guggenheim Investments Leads $30 Million Investment Round in Rezilion" (no date provided).
  • Jerusalem Venture Partners (JVP) press release, "JVP Invests in Rezilion, Revolutionizing Cybersecurity and DevOps" (no date provided).