BOOSTSECURITY EMERGES FROM STEALTH WITH $12 MILLION CAD TO AUTOMATE CYBERSECURITY FOR DEVOPS

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Two veterans in the application security space want everyone to deliver software at large scales.

Montréal startup BoostSecurity, which provides a cybersecurity platform for the software supply chain, has emerged from stealth with $12 million CAD in seed funding.

The all-equity round was led by Sorenson Capital, with additional support from Hoxton Ventures, Golden Ventures, Firebolt Ventures and Transform VC. Sorenson Capital will be joining BoostSecurity’s board.

BoostSecurity’s aim is to help its users implement better security practices for their existing software supply chains.

Co-founded by Zaid Al Hamami (CEO) and Rajiv Sinha (CRO), BoostSecurity wants to bring the automation that hyperscale companies have developed internally to all. According to the company, its platform directly addresses the weaknesses in the software chain in addition to the third-party components.

Despite the developments around application and product security in the past decade, Al Hamami said most companies are still struggling to ship secure software.

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