Tech Company Financing Transactions
Akto Funding Round
Akto, based in Palo Alto, secured $4.5 million from Accel Partners and private investors.
Transaction Overview
Company Name
Announced On
11/4/2022
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors
Accel Partners (Lead Investor)
private investors (Akshay Kothari)
private investors (Milin Desai)
private investors (Renaud Deraison)
Proceeds Purpose
The company intends to use the funds to integrate with all CI/CD tools enabling developers to run checks before deploying APIs, provide comprehensive coverage of business logic tests and improve the platform by building AI/ML capabilities.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Palo Alto, CA 94020
USA
Palo Alto, CA 94020
USA
Phone
Undisclosed
Website
Email Address
Overview
The plug & play API security platform; Discover your APIs, run tests and find business logic vulnerabilities at ludicrous speed. Discover, test and find vulnerabilities in your APIs in just few mins; Run Akto, locally or in the cloud, and connect it to your traffic sources to instantly get your continuous API inventory. Security and dev teams love Akto because it takes no time to get started, find vulnerabilities early in CI/CD pipeline, and saves their teams months of recurring effort in securing their APIs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Ankita Gupta
Co-Founder
Ankush Jain
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