GHENT, Belgium, May 2, 2024
/PRNewswire/ -- Aikido, the "no BS" security platform for
developers and SMEs, has raised $17M
in Series A funding led by Singular.vc, with participation from
Notion Capital and Connect Ventures. The round comes just 6 months
after Aikido's $5.3M seed funding,
making it the fastest capitalized startup in Belgian history.
Founded by serial entrepreneur and CTO Willem Delbare, Aikido was created out of
frustration with clunky, legacy security tools that "waste
developers' time." The platform centralizes all necessary code and
cloud security scanners in one place, making security simple for
SMEs and doable for developers without industry jargon or red
tape.
"Security, like compliance, used to be for the big guys, but
now it's a growing requirement for all companies," said
Delbare. "It's critical for SMEs to win customers and grow
upmarket, but the security burden falls on developers'
shoulders."
Aikido simplifies this challenge with an all-in-one platform
that brings together essential security features. It has a simple
UI and a freemium self-service model, allowing developers to easily
manage security and function as a security engineer..
"Aikido has an incredibly unique approach to security,"
said Henri Tilloy, who led the round
at Singular.vc. "It's simple, leverages open-source, and it's
easy to set up and use, yet it ticks off the boxes of company
compliance and security requirements in one go."
Launched in April 2023, Aikido is
already used by over 3,000 organizations and 6,000 developers. The
company's rapid growth includes a recent win with Visma, which
chose Aikido to secure its portfolio of 175+ companies.
With 30% of its customers in the US, Aikido eyes the
international market, helping developers and SMEs worldwide get
security done. The new funding will be used to deepen the platform
and push Aikido onto the global stage.
"Security has long been dominated by established players.
We're outsiders here," said Delbare. "I'm building
Aikido from the experience of an unsatisfied customer and a
frustrated developer. Our promise is straightforward security for
developers and SMEs."
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SOURCE Aikido Security