Cider Security gulps down $38m in seed, Series A funding

Cider Security, an application security startup, has emerged from stealth with $6m in seed funding and $32m from a Series A raise.

The Series A was led by Tiger Global Management and secured participation from Giliot Capital Partners and Giliot+, Giliot’s early growth fund.

Launched in 2020, Cider claims it seeks to eliminate the friction between engineering and security teams and to help firms build application security programs fast.

It describes its platform as an ‘AppSec Operating System’ that offers a full view of the engineering ecosystem in order to secure the entire application development process.

The firm stated that the controls and solutions it provides can help companies implement end-to-end continuous integration and continuous deliver security and deploy application security programs within minutes.

According to Cider, it plans to use the new capital to expand its research and development operations in Israel and to open new offices around the world, as well as to support increasing demand.

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