Contrast Security

Contrast Security

Unified security platform for application developers

About

Contrast Security provides a unified security platform aimed at application developers, enabling them to identify and fix security risks in real-time during the development process. The platform operates as a software-as-a-service (SaaS) solution, offering tools for Static Application Security Testing (SAST) to detect vulnerabilities in code and Interactive Application Security Testing (IAST) for faster and more accurate assessments. This proactive approach helps developers enhance application security while speeding up release cycles. Unlike many competitors, Contrast Security focuses specifically on empowering developers with immediate feedback on security issues, which can lead to increased productivity and reduced costs. The company's goal is to improve the overall security of applications while ensuring that developers can work efficiently and effectively.

Company Stage

Series E

Employees

201-500

Industries

Enterprise Software, Cybersecurity

Total Funding

$261.7M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • Winning the 2024 PwC Luxembourg Award for Cybersecurity & Privacy Solution of the Year enhances Contrast Security's credibility and market positioning.
  • The new Certification Program for partners can expand the company's reach and improve service delivery, potentially leading to increased revenue.
  • Recognition as a leader in G2's Summer 2023 Enterprise Grid® Report for IAST, SAST, and DAST categories underscores the platform's effectiveness and customer satisfaction.

What critics are saying

  • The competitive landscape in application security is intense, with numerous established players potentially overshadowing Contrast Security.
  • Frequent changes in executive leadership, such as the recent appointments of a new CFO and CMO, could lead to strategic instability.

What makes Contrast Security unique

  • Contrast Security's unified platform integrates SAST, IAST, and DAST, providing a comprehensive solution that many competitors lack.
  • Their real-time risk detection during the development process accelerates release cycles, a significant advantage over traditional post-development security checks.
  • The company's focus on serverless architectures and zero-day vulnerability protection addresses emerging security challenges that many competitors have yet to tackle.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-8%

2 year growth

-26%

Benefits

Competitive compensation

Medical, dental, and vision benefits

401(k)

Flexible paid time off

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