Codezero, a Vancouver, BC-based microservices development company that offers zero-trust security and streamlined collaboration, raised $3.5 million in seed funding.
SaaS Investors
The round was led by Ballistic Ventures, with participation from Thomas Dohmke (GitHub CEO), Nick Caldwell (Microsoft, HubSpot, and Peloton), Marty Weiner (Pinterest and Reddit), and James Routh (AMEX, CVS, KPMG, and JPMorgan Chase).
Ballistic Ventures is a venture capital firm solely dedicated to early-stage cybersecurity and cyber-related companies. Founded in 2021 and is based in San Mateo, California.
Roger Thornton, General Partner of Ballistic Ventures, joined the Codezero Board of Directors as part of the investment.
Codezero Use of Funds
With the new capital, Codezero intends to grow its sales and marketing teams, as well as expand its partner network.
About Codezero
Founded in 2018 by Reed Clayton, Narayan Sainaney, and David Shore, Codezero is a microservices development company, employing an identity-aware overlay network to deliver zero-trust security to DevOps. Codezero Teamspaces is an identity-aware overlay network that enables developers to create environments comprising services across local, cloud, and colleague computers without knowledge of the underlying infrastructure. By pioneering the use of dynamic Teamspaces, Codezero facilitates unparalleled collaboration, freeing DevOps teams from the complexities of infrastructure management and the pitfalls of passwords and secrets while still enabling them to use their preferred tools within a secure, streamlined ecosystem.
Funding Details
Company: Code Zero Technologies, Inc.
Raised: $3.5M
Round: Seed Round
Lead Investor: Ballistic Ventures
Additional Investors: Thomas Dohmke, Nick Caldwell, Marty Weiner, James Routh
Company Website: https://codezero.io/
Software Category: Cloud Development
Source: https://www.prnewswire.com/news-releases/codezero-raises-3-5m-seed-funding-from-ballistic-ventures-to-secure-multi-cloud-application-development-302086641.html