Ghost Security raises $15 million

Ghost Security , a US-based application security company, is announcing its emergence from stealth mode and a $15 million investment from 468 Capital, DNX Ventures, and Munich Re Ventures.

Founded in 2022, Ghost Security is creating “an entirely new approach” to stopping attacks against applications, APIs, and microservices.

“As an industry, we are still seeing a lot of legacy thinking around how to deal with the application, data, and microservice sprawl that large scale cloud adoption has created. Existing approaches and application security solutions are now dated and losing effectiveness. At Ghost, we are completely rethinking the approach to securing modern applications from the ground up. We believe the explosive growth of microservices and APIs in the cloud will continue to outpace the capabilities of existing security solutions. We see this creating an even larger gap between the defensive capabilities of enterprise businesses and the capabilities of skilled hackers. The team at Ghost is uniquely qualified to develop new innovations in cloud security, specifically securing vulnerable applications, microservices, and APIs.” – Greg Martin, Ghost co-founder and CEO.

“What’s exciting about the Ghost platform is that it removes the complex and invasive processes required to protect applications and APIs making this type of technology more accessible to organizations across the globe.” – Florian Leibert, general partner and co-founder at 468 Capital.

“The surge in adoption of applications, APIs, and microservices represents great growth potential for businesses but also introduces many new attack surfaces. A better approach to securing these assets is needed, and Ghost is well-positioned to address that challenge.” – Hiro Rio Maeda, managing partner at DNX Ventures.