Blink: Secure Blink raises seed funding from US venture capital firm to bolster app and API security – Times of India
Secure Blink, a start-up incubated by DSCI National CoE, has announced that it has secured an undisclosed amount of seed funding from Expert Dojo, a US-based venture capital firm focused on early-stage startups.
This latest funding round is expected to provide Secure Blink with the resources needed to accelerate its growth and strengthen its position in the market. Specifically, the funds will be used to expand its product offerings, increase its customer base in the global market, and improve its customer support services.
The news of this investment highlights the growing need for robust application security measures in the face of increasingly sophisticated cyber-attacks in the digital age. Secure Blink’s innovative SaaS platform, Threatspy, has already generated significant interest since its launch in 2020. The platform empowers developers and security engineers to proactively secure their web applications and APIs using cutting-edge technology.
“We aim to empower organizations to proactively secure their applications and APIs, which tend to be vulnerable, leveraging our heuristic App sec approach. Using a heuristic approach and our custom-built Reachability Framework, Threatspy identifies vulnerabilities and provides a security posture score based on contextual analysis. The platform streamlines the remediation process with its Auto Remediation Playbook and Mitigation Campaign and calculates ROI,” said Tapendra Dev, Founder and CEO of Secure Blink.
Vinayak Godse, CEO of DSCI, said, “Application security market is expected to reach $13.2 billion by 2025, led by the rising frequency of security breaches and cyberattacks aimed at software applications. Businesses acknowledge the significance of protecting software applications from security threats, such as illegal access, data theft, and assaults that can jeopardize the application’s functioning or availability. Secure Blink, an incubated startup at the National Centre of Excellence – DSCI, covers a significant void in the market, and ThreatSpy is a dependable product for the industry.”
This latest funding round is expected to provide Secure Blink with the resources needed to accelerate its growth and strengthen its position in the market. Specifically, the funds will be used to expand its product offerings, increase its customer base in the global market, and improve its customer support services.
The news of this investment highlights the growing need for robust application security measures in the face of increasingly sophisticated cyber-attacks in the digital age. Secure Blink’s innovative SaaS platform, Threatspy, has already generated significant interest since its launch in 2020. The platform empowers developers and security engineers to proactively secure their web applications and APIs using cutting-edge technology.
“We aim to empower organizations to proactively secure their applications and APIs, which tend to be vulnerable, leveraging our heuristic App sec approach. Using a heuristic approach and our custom-built Reachability Framework, Threatspy identifies vulnerabilities and provides a security posture score based on contextual analysis. The platform streamlines the remediation process with its Auto Remediation Playbook and Mitigation Campaign and calculates ROI,” said Tapendra Dev, Founder and CEO of Secure Blink.
Vinayak Godse, CEO of DSCI, said, “Application security market is expected to reach $13.2 billion by 2025, led by the rising frequency of security breaches and cyberattacks aimed at software applications. Businesses acknowledge the significance of protecting software applications from security threats, such as illegal access, data theft, and assaults that can jeopardize the application’s functioning or availability. Secure Blink, an incubated startup at the National Centre of Excellence – DSCI, covers a significant void in the market, and ThreatSpy is a dependable product for the industry.”
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