StepSecurity Raises $3M in Seed Funding to Expand Open-Source Community and Enhance Enterprise Offerings

StepSecurity's Seed Funding Round

Key Highlights:

• Seed Funding: StepSecurity closed a $3 million seed funding round led by Runtime Ventures.
• Investors: Inner Loop Capital, SaaS Ventures, DeVC, and notable industry leaders participated as angel investors.
• Open-Source Community: StepSecurity plans to invest in its open-source community and expand its enterprise offerings.

StepSecurity's Target Market

• Target Market: Organizations using CI/CD pipelines and infrastructure, with a focus on GitHub Actions.
• Open-Source Projects: Over 3000 open-source projects, including those from CISA, Google, Microsoft, and more, use StepSecurity to enhance their CI/CD pipelines.
• Enterprise Customers: Deployed at customers in the crypto, healthcare, and cybersecurity industries.

What StepSecurity Needs to Buy

• Product Expansion: Expanding the security platform to cover other CI/CD environments, such as GitLab CI, Harness, and Azure DevOps.
• Talent Acquisition: Hiring across engineering, sales, and marketing to support company growth and product development.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.