New Funding for Contrast Security

October 20th, 2017 by admin Leave a reply »

Contrast Security raised $30 million in a Series C round of financing which was led by Battery Ventures along with venture capital (VC) firms Acero Capital and General Catalyst. The total money raised till date is $54 million.

Company deals in technology that enables enterprises to develop and deploy “self-protecting” software. Contrast Assess and Contrast Protect are two products which integrates security elements into software development process.

“Contrast doesn’t treat the symptoms like a scanner, sandbox, or firewall.  Instead, Contrast infuses both security testing and protection directly into the application, like an immune system for applications that inoculates against vulnerabilities and attacks,” explained Williams. “Simply add Contrast to your application environment, and it starts working immediately without any code or process changes, and without needing security experts.”

Contrast takes two approaches for security.

“Contrast Assess focuses on vulnerabilities, and instantly alerts development teams so they can fix code without disrupting software development. Contrast Protect identifies and blocks attacks, rendering them ineffective,” said Williams. “Together, Contrast Assess and Protect provide organizations with a comprehensive self-protecting software solution that works in data center, cloud, and container [environments], throughout an application’s development and deployment.”

The company’s approach combines DevOps and security without affecting performance, Williams added. In terms of threats and attacks, Contrast’s technology protects against the Open Web Application Security Project (OWASP) top 10 vulnerabilities and much more.

“Contrast invented a way to combine multiple different analysis techniques in a single component that measures vulnerabilities and attacks directly from the running application. This provides an almost unfair information advantage that allows Contrast to protect against a broader range of security problems than other tools and to do it more accurately,” Williams added.

Security risks blocked by company product includes Command Injection, Cross-Site Scripting (XSS), Hard-coded Password, Insecure Encryption Algorithms, Java Reflection Injection, NoSQL Injection, SQL Injection, Weak Random Number Generation among many more. “Contrast also includes a powerful rule language that allow definition of both positive (behavior pattern is required) and negative (behavior pattern is disallowed) security rules,” Williams concluded.

____________________________________________________________________________________________

AlertSec ACCESS is a patent pending technology designed to check that devices are encrypted before access to a network is granted. Encrypted devices secure your data even if they are lost or stolen.

Leave a Reply