funding, growth

Corsha, a DC-based API security company, has announced a $12 million Series A funding round. Ten Eleven Ventures and Razor’s Edge Ventures co-led the round that included participation from 1843 Capital. The company plans to use the new funding to invest heavily in API discovery and observability, integrations across the API ecosystem, and open-source tools to help application security teams get ahead of the API attack surface.

With partners like Dell Technologies, Corsha offers a platform to secure communication in both on-prem and cloud environments. Corsha’s patented technology allows security teams to cryptographically assign dynamic identities to a set of trusted machines and pin API access only to those machines.

Through this approach to machine identity and MFA for APIs, Corsha eliminates security vulnerabilities in machine-to-machine communication – enabling a zero trust API security posture in cloud-native environments for north-south or east-west APIs.

Corsha recently launched an API Security Scorecard to help organizations measure their API security posture through a series of simple questions.

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