Wallarm Scores $50M Series C to Supercharge API Security: A Game-Changer or Just Hype?
Wallarm has raised $50 million in Series C funding to boost its API security efforts, bringing the total to over $70 million. Led by Toba Capital, the investment will help Wallarm advance its platform designed to block real-world threats. The company recently launched a penetration testing service for agentic AI.
Hot Take:
Who knew securing APIs and AI could be worth more than a small nation’s GDP? Wallarm’s funding round shows that in the world of cybersecurity, the numbers are as jaw-dropping as the attacks they’re trying to prevent. $50 million for stopping bots and bad guys? That’s a blockbuster budget worthy of the next Hollywood heist movie!
Key Points:
- Wallarm raised $50 million in a Series C funding round, totaling over $70 million raised.
- Toba Capital led the investment to help Wallarm enhance and extend its products.
- Wallarm offers a unified platform for API and agentic AI security.
- The platform features real-time blocking and abuse detection tools.
- Wallarm has launched a penetration testing service for AI systems.
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