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Cybersecurity startup Legit Security has raised $40 million in a round led by Airtable and DoorDash-backer CRV. The Palo Alto-based company has developed a platform that enables companies to spot vulnerabilities in their software supply chain. The startup provides companies with visibility over the delivery of software applications from initial code onwards. The $40 million Series B was led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV. Legit said developers were increasingly using AI-generated code but that they also introduced a "rapidly expanding class of new security threats."
Persons: Airtable, CRV, Kraft Heinz, Roni Fuchs, " Fuchs, Fuchs Organizations: Google, New York Stock Exchange, Fortune, CRV, Bessemer Venture Partners
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