Israeli startup Jit inks huge $38.5m seed round

Jit, an Israel-based firm looking to help developers simplify security during the development of cloud apps, has landed $38.5m in a seed round.

The round was headed by Boldstart Ventures and saw participation from Insight Partners and Tiger Global Management.

Jit claims it empowers developers to own security for the product they are building from day zero. It added that it is building Jit to ‘be the platform that allows Dev organisations to adopt the MVS mindset and progress easily in a just-in-time manner.

The company said its intent is to build a super simple and highly concise developer experience that makes owning security easy and effortless.

In a note following the funding announcement, Jit stated that its self-serve platform for open source and cloud security tools can provide a simplified way of bringing security into DevOps.

The company claims it will use the investment to speed up product development and expand its integration and support for open-source security controls.

GreyNoise Intelligence, a firm that specialises in threat intelligence, recently landed $15m in a Series A round headed by Radian Capital.

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