Funding

Aikido funding news – Security Platform Aikido Secures over €15.8 Million in Fresh Series A Round Funding

May 2, 2024 | By Team SR

Ghent-based Aikido, the get-it-done security platform for developers and SMEs, secures over €15.8 million in fresh series A round funding from Singular.vc, joined by Notion Capital and Connect Ventures.

Ghent-based Aikido, the get-it-done security platform for developers and SMEs, secures over €15.8 million in fresh series A round funding from Singular.vc, joined by Notion Capital and Connect Ventures.

SUMMARY

  • Ghent-based Aikido, the get-it-done security platform for developers and SMEs, secures over €15.8 million in fresh series A round funding.
  • Series A round was led by Singular.vc, joined by Notion Capital and Connect Ventures.

It is now the fastest-capitalized business in Belgian history, having secured €5 million in initial finance in just six months prior to this round. The money will go towards growing the platform, launching it on a global scale, and making security more accessible to developers and SMEs.

Henri Tilloy, who led the round at Singular.vc, said: "It simplifies security for developers with an all-in-one platform that consolidates all necessary code and cloud security scanners in one place. It features a simple UI with a freemium self-service model so developers can easily help themselves. Aikido has an incredibly pragmatic and unique approach to security. It’s simple, leverages open-source, and is easy to set up and use for developers; yet it ticks all the boxes for their company’s compliance and security requirements in one go.”

Following its seed round in November of last year, the firm has grown at an unprecedented rate. After becoming live less than a year ago, it is already utilised by 6,000 individual developers and 3,000 organisations, with an additional 10 organisations joining it every day.

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One of the latest victories for Aikido's quick expansion is that Visma choose Aikido to safeguard its portfolio of more than 175 enterprises. With 30% of its clientele residing in the US, it hopes to expand globally in order to support developers in completing security-related tasks.

About Aikido

Developers may use Aikido as a get-it-done security platform. All required code and cloud security scanners are centralised in one location by Aikido. As a team of pragmatic engineers, they prioritise open-source solutions and the developer experience in both their design and development process.

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