Tech Company Financing Transactions
BlueFlag Security Funding Round
BlueFlag Security, based in Sunnyvale, secured $16.5 million from Maverick Ventures Israel, Ten Eleven Ventures and private investors.
Transaction Overview
Company Name
Announced On
3/23/2026
Transaction Type
Venture Equity
Amount
$16,500,000
Round
Series A
Investors
Maverick Ventures Israel (Lead Investor)
Ten Eleven Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate platform development and expand its presence in the US and EMEA across regulated industries and technology organizations adopting AI-driven software development at scale.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
333 W Maude Ave
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Undisclosed
Website
Email Address
Overview
We're bringing Identity Intelligence based security to every phase of development. We're transforming the industry by focusing on and reducing the risks posed by overlooked identities. This paired with industry-leading code governance and posture management tools provide a comprehensive approach to SDLC security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raj Mallempati
Chief Information Officer
Eric Mowry
Chief Technical Officer
Ken Schneider
Vice President
Ajay Mishra
VP - Engineering
Maya Neelakandhan
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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