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Tromzo secures $8M to lead the charge in AI-powered application security posture management

Aug 03, 2023 - venturebeat.com
Cybersecurity startup Tromzo has raised an additional $8 million in an oversubscribed seed round led by Venture Guides, with participation from new investors Alumni Ventures, Uncorrelated Ventures, and existing investors. The Mountain View, California-based company, founded in 2021 by CEO Harshil Parikh and CTO Harshit Chitalia, aims to make enterprise security more efficient and actionable by eliminating friction between developers and security teams.

Tromzo's platform integrates with existing security tools, source code systems, and cloud platforms, and uses its Intelligence Graph and AI capabilities to prioritize and remediate the most critical vulnerabilities across the software environment. The company plans to use the new funding to accelerate growth, expand product offerings, and solidify its market position. Tromzo's focus on Application Security Posture Management (ASPM) for cloud services has gained recognition, with Gartner naming ASPM as one of the top technologies in its Hype Cycle for Application Security report.

Key takeaways:

  • Tromzo, a cybersecurity startup, has raised an additional $8 million in an oversubscribed seed round led by Venture Guides, with new investors Alumni Ventures, Uncorrelated Ventures and strong participation from existing investors.
  • The company aims to eliminate the friction between developers and security teams by providing end-to-end visibility, reducing noise, eliminating manual work, and driving security ownership.
  • Tromzo's unique approach to Application Security Posture Management (ASPM) leverages artificial intelligence to manage the complexity of security data and provide context around vulnerabilities.
  • With the new funding, Tromzo plans to accelerate its growth, further expand its product offerings, and solidify its position in the market. The company's focus on ASPM for cloud services is gaining recognition from industry analysts.
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