French API security platform Escape has raised €3.6 million which will allow the company’s plans to double its team’s size, hire international sales specialists and engineers and develop new security features.
The Seed funding round was led by IRIS alongside Frst and existing investors, Irregular Expressions, Tiny Supercomputers and Kima Ventures, as well as angel investors such as Philippe Langlois, Mehdi Medjaoui and Roxanne Varza.
Fresh from the Y-Combinator, the start-up, co-founded by Tristan Kalos and Antoine Carossio, gives security teams full observability on the cloud applications exposed by their organisations and allows them to easily detect business logic flaws or potential data leaks during the development phase.
“As a developer myself, I saw how hard it was to secure web applications at any stage. With Escape, we provide engineering teams with the right tooling to create secure applications and protect their user’s data. This new funding round led by top-notch investors will allow us to accelerate our international expansion and continue investing in R&D to widen the technological advance with our competition,” says Tristan Kalos, co-founder and CEO of Escape.
Earlier this year, Escape also released SecureGPT, a unique lightning-fast, and free security tool designed specifically for ChatGPT APIs.
“We are tech admirers, especially when it helps solve security issues that put many infrastructures at risk. Escape is a young start-up that targets a very common security breach without excluding any type of developers and their product already has a global scale that will allow them to help build a much safer web,” says Julien-David Nitlech, Managing Partner at IRIS.
