DryRun Security: Revolutionizing Application Security with AI

Deal News | Jan 22, 2025 | Work-Bench Management LLC

DryRun Security: Revolutionizing Application Security with AI

DryRun Security has secured $8.7M in funding, led by Work-Bench Management LLC and LiveOak Ventures, to advance its AI-native Contextual Security Analysis (CSA) platform. This platform targets application security challenges characteristic of modern development practices such as increased velocity and complex architectures. Traditional security tools are seen as insufficient due to their inability to keep pace with rapid code deployments and to accurately diagnose vulnerabilities arising from service interactions. DryRun Security offers a sophisticated, contextual approach which leverages AI to provide critical insights into code changes and enforce security policies sans complex rule writing. Notably, they have developed Natural Language Code Policies (NLCP) to streamline security process. With strong customer validation from established clients such as PlanetArt, BrightHR, and Gusto, DryRun Security is set on transforming application security landscapes.

Sectors

  • Application Security
  • AI Software

Geography

  • United States – Both DryRun Security and Work-Bench Management LLC typically operate within the United States market, making this their primary geographical focus.

Industry

  • Application Security – DryRun Security operates within the application security industry, addressing pressing concerns such as vulnerabilities in modern web applications.
  • AI Software – AI technology is central to DryRun Security's operations, as their Contextual Security Analysis platform utilizes AI to enhance security measures.

Financials

  • $8.7 million – Total funds raised by DryRun Security in the pre-seed and seed rounds.

Participants

NameRoleTypeDescription
DryRun SecurityTarget CompanyCompanyDryRun Security provides AI-native application security tools to address vulnerabilities in software development.
Work-Bench Management LLCLeading Pre-Seed InvestorCompanyWork-Bench is a private equity firm that led the pre-seed investment in DryRun Security.
LiveOak VenturesSeed Round Lead InvestorCompanyLiveOak Ventures led the seed funding round for DryRun Security.
Cannage CapitalInvestorCompanyCannage Capital participated as an investor in the funding rounds for DryRun Security.
James WickettCo-Founder of DryRun SecurityPersonJames brought expertise from Signal Sciences as well as a background in developer advocacy.
Ken JohnsonCo-Founder of DryRun SecurityPersonKen has extensive experience as Director of Product Security Engineering at GitHub.