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Today: October 21, 2024
July 23, 2024
1 min read

Startup Heeler Security secures $85M in seed financing

TLDR:

  • Heeler Security, a Bethesda, MD-based application security startup, raised $8.5M in Seed funding.
  • The round was led by Norwest Venture Partners with participation from Storm Ventures.

Heeler Security, a startup based in Bethesda, MD, has secured $8.5 million in Seed funding. The funding round was led by Norwest Venture Partners and saw participation from Storm Ventures. The company, founded by CEO Chris Hertz, CPO James Green, CTO Trever McKee, and CSO Chris DeRamus, is focused on developing innovative solutions for application security. Their patent-pending ProductDNA technology aims to protect applications from evolving threats by unifying code, behavior, and business context in real-time. This technology provides a chain of custody between the intended state in code and the running state in production, embedding security into the development lifecycle. Heeler’s ProductDNA is already being used by design partners, including unicorn startups and Fortune 500 companies, and is set to be generally available in Q4 2024. The funds raised will be used to expand operations and further develop their solutions, benefiting both security and developer teams.

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