Probely raises 7.7 million euros in Series A round
Probely, the premier cloud-based dynamic application security testing solution, announced today that it closed a 7.7 million euros Series A round co-led by Iberis Capital, a Portuguese venture capital with around 300 million euros in assets under management, and Semapa Next, a Lisbon-based venture capital firm that invests in Series A and B rounds in European-based companies.
The international investor specializing in cybersecurity, TIIN Capital, as well as current investors Bright Pixel Capital (former Sonae IM), Caixa Capital, Portugal Ventures, and EDP Ventures, also participated in the funding round.
Probely is a powerful solution that identifies vulnerabilities in websites, web applications and APIs, and provides guidance on fixing them. Aimed at developers and cybersecurity teams, Probely integrates seamlessly into development processes (SDLC) and continuous integration pipelines (CI/CD) to automate and streamline security testing across organizations.
This investment round will enable Probely to strengthen the team and continue its international growth, especially to the United States.