Gunderson Dettmer advised Contrast Security on the deal
Contrast Security, the pioneer in embedding vulnerability analysis and exploit prevention directly into modern software, has completed a $65 million Series D funding round led by new investor, Warburg Pincus. Existing investors, including Battery Ventures, General Catalyst, M12 (Microsoft’s Venture Fund), AXA Venture Partners and Acero Capital all participated in the oversubscribed round.
This brings the company’s total funding raised to $122 million. This investment will strengthen Contrast Security’s position as the leading platform to enable secure DevOps. The funding will accelerate the company’s technology innovation, field operations, international expansion along with significant growth in its customer-success team. These investments are all in order to meet the rapidly increasing demand for the company’s modern approach to software security.
The Gunderson Dettmer deal team was led by Dan O’Connor (Picture) and included IP partner Colin Chapman and associates Ibrahim Elshamy, Jie Wang, Damon Zhangchai and Shu Hu.
Law Firms: Gunderson Dettmer;
Clients: Contrast Security Inc.;