Archipelo Emerges from Stealth with $12M Funding to Pioneer Developer Security Posture Management

Archipelo comes out of stealth with $12M funding to secure human and AI-driven code | TechCrunch

When it comes to AI software, you can build something clever, but that's not always the same as building something that is secure. With so much software now getting written by AI, having a window into its security can be a challenge. That's the premise of Archipelo, a San Francisco-based cybersecurity startup that is today emerging from stealth with $12 million in funding. Archipelo's pitch is that it has a platform for so-called 'Developer Security Posture Management' (DevSPM). "We discovered that there is no developer security posture tool, and that's what we built," said Matthew Wise, CEO and co-founder of Archipelo, over a call. "What we found is that every enterprise has this problem. You can have a Fortune 500 bank that understands the productivity gains when developers use AI for coding, and they also understand the risks. But they don't have a solution that enables them to observe and monitor all instances of AI coding usage [to identify that risk]." Human error is estimated to be responsible for over 74% of security breaches (Verizon DBIR 2023). However, with AI-generated code, the issue is now vastly more complex. Archipelo's platform is aimed at enterprises proactively secure both human and AI-driven code creation before security vulnerabilities reach production. The funding -- which Archipelo will use for product expansion and go-to-market efforts -- includes both an unannounced $4 million pre-seed and an $8 million seed round led by Dell Technologies Capital. Archipelo's competitors in the "cloud-to-code security" space include Palo Alto Networks (Prisma Cloud), Wiz, MSFT (Defender), GitHub , Gitlab, Snyk, Checkmarx, and Veracode. Veracode, which has so far raised $114.3 million, according to Crunchbase. However, Archipelo claims to set itself apart from the above as it puts the developer under the microscope to monitor software risks before they become incidents. And in Archipelo's view, the developer can be a human or an AI agent or AI coding tool. Other companies are still developing the capability to cover AI gents and AI coding tools during development. Wise added: "This is not a strategic round for Dell. It's a standard VC seed round. Dell isn't a customer (yet)." Customers include Fortune 500 enterprise customers in banking, healthcare and defense, but Wise said it was not yet possible to disclose the names, as they are in the middle of deployments. Also participating in the round was Zoom CEO Eric Yuan, Andy Bechtolsheim, Bill Tai, David Weisburd (10X Capital), Gil Penchina, Ed Roman (Hack VC), Anima Anandkumar, Samsung NEXT, and Nima Capital.

Archipelo Emerges from Stealth with $12M in Funding to Tackle the Next Frontier in Cybersecurity: Developer Security Posture Management

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter SAN FRANCISCO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- The biggest cybersecurity risk today isn't just code -- it's how code is created. Archipelo, a San Francisco-based cybersecurity startup, is emerging from stealth with $12M in funding to introduce a game-changing approach to software security: Developer Security Posture Management (DevSPM). With human error responsible for 74% of security breaches (Verizon DBIR 2023), enterprises have long struggled to mitigate risks originating from developers. The rise of AI-generated code has only made the challenge more complex. Archipelo is the first company to address this blind spot by helping enterprises proactively secure both human and AI-driven code creation -- before vulnerabilities ever reach production. The funding includes a $4M pre-seed and an $8M seed round, led by Dell Technologies Capital, with participation from Zoom CEO Eric Yuan, Andy Bechtolsheim, Bill Tai, David Weisburd (10X Capital), Gil Penchina, Ed Roman (Hack VC), Anima Anandkumar, Samsung NEXT, Nima Capital, and Sangha Capital. A New Category for the AI Era: Developer Security Posture Management (DevSPM) While traditional software security solutions focus on application and cloud security, Archipelo tackles security at its true origin: developer actions and AI-assisted coding workflows. "In a world where AI is transforming software development, the biggest security risk isn't just in the code -- it's in how the code is written," said Matthew Wise, CEO & Cofounder of Archipelo. "Our DevSPM platform helps enterprises regain control, ensuring security at the source -- before vulnerabilities spread." Bill Tai, early investor in Zoom, Canva, and Hut8, added: "The software security market is a $200B industry, yet no one has effectively addressed the security risks introduced by developers and AI coding tools -- until now. Archipelo isn't just launching a product, it's leading an entire new category." Why Developer Security is the Missing Pillar in Cybersecurity Archipelo's DevSPM platform introduces four industry-first capabilities: Developer Detection & Response (DevDR) - Identifies and mitigates security risks introduced by developers and AI, providing real-time risk visibility.AI Code Risk Monitoring - Detects vulnerabilities in AI-generated code contributions, ensuring secure and responsible AI-assisted development.Automated Developer Tool Inventory - Identifies shadow IT in development workflows to prevent unauthorized tools from introducing security risks.Developer Security Posture Analytics - Measures individual developer security performance and fosters a culture of security awareness and accountability. Unlike traditional security solutions that react after vulnerabilities appear, Archipelo identifies threats at the source -- before they impact applications or infrastructure. A Movement, Not Just a Product With a 20-person team across San Francisco and Europe, Archipelo is already working with Fortune 500 enterprises in financial services, technology, and defense -- industries where developer security failures can lead to catastrophic breaches. "Our mission is to make developer security as fundamental as cloud and application security," said Wise. "By securing both human and AI-driven code creation, we're ensuring that enterprises can scale innovation -- without scaling risk." The $12M funding will fuel product expansion, engineering hires, and go-to-market acceleration as Archipelo aims to define developer security as a new pillar of enterprise cybersecurity. About Archipelo Archipelo is pioneering Developer Security Posture Management (DevSPM) -- helping enterprises secure software at its source by focusing on developer actions and AI-generated code risks. Founded by experts from NASA, the Department of Defense, AWS, Google, Cisco, Facebook, Harvard, and MIT, the company is backed by Dell Technologies Capital, Zoom CEO Eric Yuan, Andy Bechtolsheim, Bill Tai, Nima Capital, HackVC, and other top investors. For more information, visit www.archipelo.com. Carolyn Adams Liftoff Communications [email protected] Market News and Data brought to you by Benzinga APIs