This post is by Frederic Lardinois from Fundings & Exits – TechCrunch
Tel Aviv-based Spectral is bringing its new DevSecOps code scanner out of stealth today and announcing a $6.2 million funding round. The startup’s programming language-agnostic service aims to automated code security development teams to help them detect potential security issues in their codebases and logs, for example. Those issues could be hardcoded API keys and other credentials, but also security misconfiguration and shadow IT assets.
The four-person founding team has a deep background in building AI, monitoring and security tools. CEO Dotan Nahum was a Chief Architect at Klarna and Conduit (now Como, though you may remember Conduit from its infamous toolbar that was later spun off), and the CTO at Como and HiredScore, for example. Other founders worked on building monitoring tools at Elastic and HP and on security at Akamai. As Nahum told me, the idea for Spectral came to him and co-founder and COO Idan Didi during their shared time at mobile application build Conduit/Como.
“We basically stored certificates for every client that we had, so we could submit their apps to the various marketplaces,” Nahum told me of his experience at Counduit/Como. “That certificate really proves that you are who you are and it’s super sensitive. And at each point at these companies, I really didn’t have the right tools to actually make sure that we’re storing, handling, detecting [this information] and making sure that it doesn’t leak anywhere.”
Nahum decided to quit his current job and started to build a prototype (Read more...)