Codezero Raises $3.5M Seed Funding From Ballistic Ventures to Secure Multicloud Application Development

PRESS RELEASE. VANCOUVER, BC,March 12, 2024/PRNewswire/ - Codezero, the innovator in secure enterprise microservices development, today announced a $3.5 million seed-funding round led by Ballistic Ventures, the venture capital firm dedicated exclusively to funding entrepreneurs and innovations in cybersecurity.
This investment marks a significant leap forward in Codezero's mission to reimagine multi-cloud, collaborative microservices development.
Ballistic Ventures' investment adds to the support from its existing, impressive list of angel investors and advisors, including Thomas Dohmke, Nick Caldwell, Marty Weiner, and James Routh.
This situation is fraught with unintended risks, given that developers often require elevated permissions to create, manage, and deploy software and infrastructure.
Codezero Teamspaces is an identity-aware overlay network.
This means developers can instantly create environments consisting of services spanning local, cloud, and even their colleagues' computers.
They can do this without needing to know anything about the underlying infrastructure, networking, or direct access to credentials.
Unlike other approaches, Teamspaces provides a locally accessible ephemeral environment that is identical to production.
As a result, developers are vastly more productive and can deliver higher-quality code faster.
Teamspaces can span multiple cloud vendors and be accessible to developers across the globe safely and seamlessly.
With the new capital, Codezero is set to grow its sales and marketing teams and expand its partner network.
This move is strategic for the company's reach into enterprise DevOps and DevSecOps organizations, cloud-service providers, and cloud-migration specialists.
Developers and IT professionals from all organizations are invited to transform their microservices development with Codezero Teamspaces.
About CodezeroCodezero is at the forefront of microservices development, employing an identity-aware overlay network that delivers transparent security to DevOps.
By pioneering the use of dynamic Teamspaces, Codezero facilitates unparalleled collaboration, freeing DevOps teams from the complexities of infrastructure management and the pitfalls of passwords and secrets while still enabling them to use their preferred tools within a secure, streamlined ecosystem.
About Ballistic VenturesBallistic Ventures is a venture capital firm solely dedicated to early-stage cybersecurity and cyber-related companies.
The partners have spent their entire careers defending against every cyber threat conceivable.
Members of the firm have founded, operated, and funded over 90 successful cybersecurity firms - including Abnormal Security, AlienVault, ArcSight, Fortify, Mandiant, and Shape Security - led over 10,000 security professionals globally, and have 40+ years of experience in venture capital.
Our experience provides entrepreneurs impactful support from people focused on the same mission.
Our networks and relationships open doors for our founders.


This Cyber News was published on www.darkreading.com. Publication date: Wed, 13 Mar 2024 23:10:20 +0000


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