Continuum Security raises 1,5M€ investment from Swanlaab, JME & Sonae IM
Madrid, November the 29th, 2017.- Continuum Security, a cybersecurity company in the Application Security sector and creator of an industry leading Threat Modeling platform has raised an investment round of 1,5M€ that will allow them to realise their international growth plans.
Continuum Security, founded and directed by Stephen de Vries and Cristina Bentué has become a benchmark in the Application Security Requirements and Threat Management (ASRTM) sector, recently coined by Gartner in their Hype Cycle report.
In 2016 the company launched IriusRisk, a solution aimed at enterprises to help developers and security analysts reduce and mitigate software vulnerabilities at application design time. Thanks to this investment, Continuum Security will release IriusRisk 2.0 in 2018. In addition they also build the BDD-Security framework, an open source dynamic testing tool that helps businesses to integrate security testing in their development pipelines and is already a staple in SecDevOps deployments.
Continuum Security has a team of 10 with a European and American customer base, primarily in the financial and technology verticals. This financing round will consolidate their international presence and will further develop their sales and R&D teams.
According to Juan Revuelta, Director of Investment at Swanlaab Venture Factory, “Continuum Security is a perfect fit for our portfolio. The company is already present in the segment of Application Security with the most potential and an already impressive growth rate. Continuum is also lead and managed by a first-class team and has a product in the market that is superior to the competition. Put all this together and we have all the necessary ingredients to achieve a successful investment”.
Stephen de Vries, CEO and co-founder of Continuum Security highlights, “This round allows us to continue investing in R&D and develop new solutions for the market so that our customers can spend less time on manual security reviews by using our automated solution; allowing them to build software faster and more securely right from the start”.
Did you like this article?
- Continuum Security Top the List: 9 Great DevSecOps Tools for Dev Teams15 June 2018It is always heartening for us when Continuum Security’s hard work, innovation and dedication to developing automated security solutions that answer industry’s hard problems is recognised. And today is one of those days. WhiteSource have run an article entitled: “9 Great DevSecOps Tools for Dev Teams to Integrate Throughout the DevOps Pipeline” and in number one […]READ MORE
- GDPR AND APPLICATION SECURITY: SOME PRACTICAL GUIDANCE7 June 2018GDPR: THE SOFTWARE DEVELOPERS PERSPECTIVE Europe’s new General Data Protection Regulation (GDPR) became legally enforceable on the 25th May. The underlying driving force behind the regulation is the empowerment of data subjects within the EU in regard to their personal data. Underpinning this is the concept of “Privacy by Design”. PRIVACY BY DESIGN The principle behind […]READ MORE
- Continuum Security Sponsors the Open Security Summit24 May 2018We’re delighted to announce we are Gold Sponsors of the upcoming Open Security Summit taking place near London on the 4th-8th June. The summit has a unique focus on active collaboration in attendee driven workshops, rather than a speaker driven conference. Here’s a little about the conference: The Open Security Summit 2018 is focused on […]READ MORE