Innovation Endeavors and more than 25 CISOs including Robinhood’s Caleb Sima, SimpliSafe’s Adam Glick (SimpliSafe) and ICE/NYSE’s Steve Pugh have invested $3.1 million in Tromzo, a new developer-first application security management platform that launched this week with a mission to support application security teams who the company says are overwhelmed, frustrated, and struggling to keep up with the pace of modern software development.
“Modern AppSec teams are spending all their time trying to convince developers and chasing them to fix security issues . This makes scaling their application security program practically impossible and they constantly feel they are being left behind, said Harshil Parikh Tromzo’s co-founder and CEO who previously led security for Medallia where he experienced these challenges first-hand.
According to the press release, Tromzo’s Developer-first Application Security Management promises users complete end to end visibility, reduces noise, eliminates manual work, and drives security ownership.
Commenting on the platform, early customer and investor, Ralph Pyne, Head of Security at NextRoll said: “Tromzo enables my team to partner with the Dev team at scale to reduce our overall risk. Both teams benefit with my security engineers freed up to focus on higher value tasks and the dev team given rapid intelligence on prioritized vulnerabilities.
The startup plans to use the funds to expand their team, further develop the product, and bring the platform to market. More information can be found at www.Tromzo.com