Gunderson Dettmer client Contrast Security raises $65M
Contrast Security, a cybersecurity platform designed to protect application software, has raised a $65 million Series D round of funding. The financing was led by new investor Warburg Pincus with existing investors Battery Ventures, General Catalyst, M12, AXA Venture Partners and Acero Capital participating.
The company is a pioneer in embedding vulnerability analysis and exploit prevention and will use the fresh capital to accelerate technological innovation, field operations and expand international operations. Contrast Security will also continue to grow its customer-success team in order to meet increased demand for its approach to software security.
The Gunderson Dettmer deal team was led by Dan O’Connor and included IP partner Colin Chapman and associates Ibrahim Elshamy, Jie Wang, Damon Zhangchai and Shu Hu.