Heeler Security Secures $8.5M Seed Funding to Reimagine Application Security with First-of-its-Kind ProductDNA Technology
22 Julio 2024 - 6:00AM
Business Wire
Amid Real-Time Context Crisis Across the SDLC,
Heeler Aims to Fix Fundamentally Broken Application Security
Heeler Security Inc., a pioneering startup in the application
security space, today announced the successful closing of an $8.5
million Seed Series funding round, led by Norwest Venture Partners
with significant participation from Storm Ventures.
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the full release here:
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Pictured (from left to right): Chris
DeRamus, Chief Strategy Officer; Chris Hertz, Chief Executive
Officer; Trever McKee, Chief Technology Officer; and James Green,
Chief Product Officer (Photo: Business Wire)
“Application security requires a new approach that focuses on
runtime visibility and that’s exactly what Heeler has done,” said
David Zilberman, General Partner at Norwest Venture Partners. “The
founders of Heeler have storied backgrounds that demonstrate an
ability to execute. They have launched application security and
cloud security products at enterprise scale and have started and
grown companies from initial stages to acquisition and IPO.”
The growing complexity of modern applications has created an
expanding and often obscure attack surface, overwhelming security
teams who lack the real-time context needed to secure them. This
results in fragmented security insights across the software
development lifecycle (SDLC), heightened risks of breaches and
vulnerabilities, and reactive firefighting.
To address these escalating challenges, founders Chris Hertz,
Chief Executive Officer, James Green, Chief Product Officer, Trever
McKee, Chief Technology Officer, and Chris DeRamus, Chief Strategy
Officer, launched Heeler in June 2023, driven by a vision to
fundamentally transform application security by delivering:
- Real-time security and business context
- Detection, enrichment and posture management
- Response orchestration
“We are uniquely positioned to seize a massive market
opportunity by creating a platform that offers comprehensive SDLC
security at the convergence of application and cloud,” said Chris
Hertz, CEO of Heeler. “This round of seed funding will support our
execution of that vision.”
Heeler’s patent-pending ProductDNA technology unifies the code,
behavior, and business context of applications in real-time.
ProductDNA delivers what was previously impossible: a frictionless
chain of custody between the intended state in code and the running
state in production. Acting as a shared operating platform for both
security and developers, it embeds security seamlessly into the
development lifecycle, benefiting both security and developer teams
alike.
For the first time, Heeler enables organizations to fulfill
their mandate of customer trust by enhancing security and
availability while maintaining speed and efficiency. Heeler
automates the repetitive and time-intensive task of assessing the
impact of security issues on business applications, significantly
reducing noise and false positives. Developers can now understand
the security impact of their changes as they code, allowing
guidance and development of resilient applications.
“Heeler is making it effortless for security teams and
developers to easily collaborate on preventing and managing
security risks throughout their entire SDLC, ” said Justin Pagano,
Director of Security Risk & Trust at Klaviyo. “As innovation
accelerates cloud and application complexity, Heeler’s ProductDNA
provides a scalable and simplified approach to maintaining a
holistic, real-time view of SDLC security and lineage with quickly
actionable ownership, integrity, and security risk context.”
Heeler’s ProductDNA is already used by design partners, ranging
from unicorn startups to Fortune 500 firms, and will be generally
available in Q4 2024.
Heeler Security will be displaying its solution at Black Hat USA
2024. Interested parties are invited to meet the founders at booth
SC316 in Startup City to learn more about the company’s vision and
upcoming product launch. Schedule a demo here: www.heeler.com
About Heeler:
Heeler is an application security startup dedicated to
developing innovative solutions that help organizations protect
their applications from evolving threats. Founded by industry
veterans, Heeler Security aims to set a new standard in the
application security space.
About Norwest Venture Partners
Norwest Venture Partners is a global venture and growth equity
investment firm managing more than $15.5 billion in capital. Since
its inception, Norwest has invested in more than 700 companies and
currently partners with more than 230 companies in its venture and
growth equity portfolio. The firm invests in early- to late-stage
businesses across key sectors with a focus on enterprise, consumer
and healthcare. The Norwest team offers a deep network of
connections, extensive operating experience, and a wide range of
impactful services to help CEOs and founders scale their
businesses. Norwest has offices in Menlo Park and San Francisco,
Calif.; Mumbai, India; and Tel Aviv, Israel. For more information,
please visit www.nvp.com.
About Storm Ventures:
Storm Ventures is a Silicon Valley VC firm investing in
early-stage B2B software companies. Storm has successfully worked
with many founders across the globe in navigating the journey from
inception to industry leader, and was an early investor in 12
unicorns, including Algolia, Marketo, Talkdesk, Tekion, and
Workato. For more information, please visit
www.stormventures.com.
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Sarah Medina PR for Heeler heeler@10fold.com