Cider Security is a technology company.
Cider Security has raised $38.0M across 2 funding rounds.
Cider Security has raised $38.0M in total across 2 funding rounds.
Cider Security was an Israeli application security (AppSec) startup that developed a first-of-its-kind AppSec Operating System, enabling security and engineering teams to orchestrate end-to-end CI/CD security from code to deployment through a unified platform.[2][4][6] It served CISOs, security engineers, and development teams at technology companies, solving fragmented visibility and management of engineering ecosystems by providing continuous monitoring, a comprehensive "Technical DNA" of environments, and holistic risk mitigation for application threats.[2][4] The company raised $38M in a Series A round in 2022 before being acquired by Palo Alto Networks in November/December 2022, integrating its capabilities into Prisma Cloud for earlier vulnerability securing in development lifecycles.[3][4]
Cider Security was founded in late 2020 in Tel Aviv, Israel, by cybersecurity veterans Guy Flechter and Daniel Krivelevich.[2][4][5] The duo identified persistent challenges for CISOs and security engineers in managing CI/CD pipeline security amid rising application threats, leading to a platform that unifies security across engineering processes.[2][5] Early traction came swiftly, with a $38M Series A funding round announced in March 2022, validating their approach to AppSec orchestration.[3] This momentum culminated in acquisition by Palo Alto Networks by late 2022, marking a pivotal exit for the young startup.[4]
Cider Security rode the shift-left security trend in DevSecOps, where vulnerabilities are addressed earlier in CI/CD pipelines amid exploding software supply chain attacks and cloud-native development.[2][4][5] Its timing aligned with 2020-2022 surges in remote work, ransomware, and Log4j-like incidents, amplifying demand for unified AppSec platforms as enterprises scaled microservices and Kubernetes.[4] Market forces like regulatory pressures (e.g., compliance mandates) and AI-driven threats favored its visibility tools, influencing the ecosystem by pioneering ASPM (Application Security Posture Management) concepts now standard in tools like Prisma Cloud post-acquisition.[2][4]
Post-acquisition, Cider Security's technology bolsters Palo Alto Networks' Prisma Cloud as a core component for code-to-cloud security, likely expanding via PANW's global reach and integrations.[4] Trends like AI-augmented threats, zero-trust architectures, and regulated industries (e.g., finance, retail) will drive its evolution, with potential for enhanced automation in SBOM management and runtime protection.[2][4] Its influence may grow indirectly through PANW's dominance, shaping DevSecOps standards while legacy standalone players consolidate—positioning it as a foundational piece in resilient engineering ecosystems, much like its original mission to unify security from the start.[2]
Cider Security has raised $38.0M in total across 2 funding rounds.
Cider Security's investors include AI4ALL, AIX Ventures, Battery Ventures, Cedar Capital Group, DTCP, Glilot Capital Partners, Hanabi Capital, iNovia Capital, Supercharge.vc, Symbol VC, Thomvest Ventures, Todd and Rahul's Angel Fund.
Cider Security has raised $38.0M across 2 funding rounds. Most recently, it raised $32.0M Series A in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $32.0M Series A | AI4ALL, AIX Ventures, Battery Ventures, Cedar Capital Group, DTCP, Glilot Capital Partners, Hanabi Capital, iNovia Capital, Supercharge.vc, Symbol VC, Thomvest Ventures, Todd and Rahul's Angel Fund, XT Hi-Tech, Y Combinator, Jennifer Wolf, Preetha Parthasarathy | |
| Mar 1, 2022 | $6.0M Seed | Battery Ventures, Glilot Capital Partners, Symbol VC, XT Hi-Tech |