Technology

GitGuardian raises $ 44 million to test its opportunities in the United States

Gitguardian is testing the American adventure: the French company announces a $ 44 million fund raising led by Eurazeo and Sapphire, as well as supported by several investors who have already participated in the financing of GitGuardian during its first round of financing. Previously, the company raised € 11 million in 2019.

This new company-led fundraising aims to strengthen GitGuardian’s presence in the United States: Company CEO Jeremy Thomas will move to Austin to open a US office for the company, indicating that he is already doing 75 % of your turnover in this market. The company also intends to take advantage of this fundraising to reinforce its workforce already present in France, especially at its Paris-based R&D center: GitGuardian thus intends to double the staff of its Paris-based French R&D team, who currently has thirty. people, by hiring “many developers, but also QA engineers and engineering managers for development teams.” The company also wants to expand its sales and marketing teams.

GitGuardian offers solutions for detecting the spread of “secret information” on Git-based code-sharing platforms, such as Github, Gitlab, or BitBucket. These “secret information” are generally authentication identifiers that developers mistakenly left in the source code of an application exposed on one of these platforms.

GitGuardian’s solution aims to rapidly detect and identify these data leaks, through more than 300 detectors that analyze uploaded data and identify secret leaks, before notifying interested developers of this exposure. Launched in 2017, the company now has more than 130,000 client developers of its solutions, as well as client companies such as Talend, Mirantis, Instacart or Genesys.

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