The round was led by global financial services firm Guggenheim Investments along with participation from Jerusalem Venture Partners (JVP) and Kindred Capital. New investment partners, which were made up of current and former security executives and luminaries from Google, Microsoft, CrowdStrike, IBM, Cisco, PayPal, JP Morgan Chase, Nasdaq, eBay, Symantec, RedHat, RSA and Tenable, also contributed to the round.
Rezilion says the investment will be used to rapidly scale Rezilion’s go-to-market approach, partnering with other DevSecOps solution providers as well as growing operations to expand its customer base across the US and Europe. Additional product development also aims to further close the gap between security and engineering, fueling productivity of both resources to enable the timely delivery of software and enabling organizations to innovate faster.
The pandemic has required more companies to adopt and accelerate a digital-first approach to business, placing increased pressure on IT leaders and their development teams to deliver digital product experiences against critical deadlines. While code development has been automated with DevOps, securing unprecedented amounts of code is a constant challenge and mitigating and controlling the risk requires exhaustive manual work from highly skilled engineers. As a result, companies were forced to choose between staying safe or releasing fast.
Founded in 2018, Rezilion is a cybersecurity startup developing a technology to make cloud environments self-protecting and resilient to cyber attacks. Rezilion fully automates security operations by ensuring all services and applications are in a healthy and desired state, which makes them able to rebound against unsanctioned changes.
More specifically, Rezilion automates manual security bottlenecks, making security “as agile as DevOps,” the company says in a statement. It also says it is the only solution that drastically reduces the amount of security work required to release new digital products while keeping software environments secure.
“Our technology brings developers and security teams together,” says Shlomi Boutnaru, co-founder and CTO of Rezilion. “This funding round will allow us to dramatically accelerate our vision by advancing product development and driving growth on a global scale.”
“Rezilion’s pioneering approach generates a host of benefits to meet the needs of CEOs, CIOs and CISOs, from expediting digital transformation, faster product rollouts and enhanced productivity and compliance to the adoption of state-of-the-art development best-practices and the guarantee of better security and improved ROI,” stated Yoav Tzruya, general partner at JVP. “Under the proven leadership of Liran and Shlomi, we look forward to expanding Rezilion’s markets and offerings to provide more value based on its unique technology.”