Prevoty, the leader in autonomous application protection, today announced that the company has secured $13 million in new financing from the venture capital firm Trident Capital Cybersecurity, naming Managing Director Sean Cunningham to its Board of Directors. Prior investors including USVP also participated in the funding round.
Prevoty’s proprietary technology allows enterprise clients to embed security within web applications, providing a personalized, configurable solution for companies of all sizes and industries. Technology, media, retail, and finance companies use Prevoty to protect their web applications against open web application security project threats.
According to Co-founder and CEO Julien Bellanger, this new round of funding will support the company’s continued investment in innovation.
Prevoty, a provider of web application security-as-a-service, closed $13 million in Series B financing, led by Trident Capital Cybersecurity. U.S. Venture Partners also participated in the round.