PALO ALTO, Calif.–(BUSINESS WIRE)–Pangea Cyber Corporation today emerged from stealth to announce $25 million in Series A funding to become the first company to offer app makers a comprehensive portfolio of security services based on APIs through a single platform. Series A is led by Ballistic Adventures with the participation of SYN Ventures, Godfrey Sullivan (former President and CEO, Splunk), George Kurtz (Founder and CEO, CrowdStrike), and Dan Plastina (former VP AWS Security Products). Pangea plans to use the funding primarily for product development.
Before Pangea, a builder who needed to add security and compliance features to an application had to write security code from scratch. Builders can now access a single, trusted source to quickly and easily integrate the security services and APIs they need into their application. Similar in concept to Amazon Web Services, but with a focus on cybersecurity, Pangea will release several dozen API-based microservices. In addition to offering its own services, including Secure Audit Log, Secure Object Store, Secure File Share, and Embargo Check, the company plans to aggregate and offer third-party APIs through partnerships. Pangea’s Secure Audit Log, Redact and Embargo Check services are now available through the early access program.
Pangea is led by co-founders Oliver Friedrichs and Sourabh Satish, the minds and engines of the award-winning Phantom Cyber SOAR platform which was acquired by Splunk in 2018. This new venture is focused on securing the one of the greatest areas of growth and concern. in the field of cybersecurity: cloud applications. Although widespread and growing in popularity, cloud-based applications have become increasingly complex to secure, and vendors lack the expertise and resources to deliver secure customer experiences.
“The meteoric rise of the cloud has created tremendous opportunities for businesses around the world and yet the security industry has focused on building products for the enterprise end user, not the app creator. APIs are often forgotten as an afterthought,” said Friedrichs, Founder and CEO of Pangea. “We are seizing the opportunity to give manufacturers the capabilities they need to deliver a compliant and secure customer experience, easier and faster.”
Pangea is a company focused on removing the complexity of application security and simplifying the developer’s journey to strengthen security and compliance in its applications. Pangea serves organizations that want to go to market with secure and compliant cloud and mobile apps, as well as SOCs that want to automate more efficiently through APIs.
“Today, every company creates software in one form or another and yet it is not possible to expect every software company to be a security expert. This is a huge problem that needs to be solved and a huge opportunity,” said Barmak Meftah, co-founder and general partner of Ballistic Ventures. “Pangea takes a smart approach using compelling technology with a fantastic team. We are thrilled to partner with Oliver, Sourabh and the team at Pangea to reshape the way the world thinks about integrating security into their applications. »
Pangea is offering free, early access to its inaugural security services to a limited number of interested app makers. To learn more about these services and to request trial use, please visit here.
Pangea is the world’s most comprehensive provider of security services for cloud and mobile application developers, SaaS platform providers and security operations centers. By making security central to every software vendor’s toolset, Pangea delivers the security DNA required for your organization, reinventing the way you deliver a secure customer experience. Pangea is backed by leading Silicon Valley venture capital firms and is headquartered in Palo Alto, California. For more information, please visit www.pangea.cloud or follow Pangea on www.linkedin.com/company/pangea-cyber/.