Funding from Wipro Ventures is part of go-to-market partnership to drive ShiftLeft into new markets and verticals
SANTA CLARA, Calif., June 16, 2022–(BUSINESS WIRE)–ShiftLeft, an innovator in automated application security testing, announced an investment and go-to-market partnership with Wipro Ventures, the strategic investment arm of Wipro Limited (NYSE : WIT, BSE: 507685, NSE: WIPRO). With this investment, Wipro, with its strong global presence, will become a key partner in the continued growth of ShiftLeft.
The ShiftLeft CORE platform combines both static application security testing (SAST) and software composition analysis (SCA) solutions to create a unified view of potential application vulnerabilities. As a modern, cloud-native application designed to make life easier for security and application development teams, ShiftLeft scans entire applications in minutes, allowing customers to scan their code at every software release. ShiftLeft’s unique Code Graph technology combines, analyzes and prioritizes SAST and SCA results to map actual data flows through applications to validate “attackability”, indicating whether security vulnerabilities can be reached by attackers. This innovative approach gives ShiftLeft the lowest false positive rate in the industry compared to other accepted OWASP application security benchmarks.
“Wipro has repeatedly demonstrated that it is a leader when it comes to bringing new technological innovations to customers,” said Manish Gupta, CEO of ShiftLeft. “Equally important, Wipro is a ‘shift left’ organization that leads the way in enabling developers to improve code security throughout the software development lifecycle.” ShiftLeft empowers hundreds of cybersecurity and tens of thousands of Wipro’s software developers build security into the DNA of every software release. Through this new partnership with Wipro, customers in a variety of industries, including healthcare, industrial, manufacturing, retail, hospitality, and government, will be able to deploy and operate ShiftLeft.
“ShiftLeft is a cutting-edge solution that enables teams to integrate security at scale without slowing them down,” said Tony Buffomante, SVP and Global Head, Wipro Cybersecurity & Risk. “Our global customer base will now be able to take advantage of ShiftLeft SAST and SCA and help them fix code defects before they become attackable. We look forward to playing an important role in ShiftLeft’s rapid global expansion.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on creating innovative solutions that meet customers’ most complex digital transformation needs. By leveraging our holistic portfolio of consulting, design, engineering and operations capabilities, we help our clients achieve their boldest ambitions and build sustainable, future-ready businesses. With more than 240,000 employees and business partners in 66 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more information, visit us at www.wipro.com
ShiftLeft enables developers and AppSec teams to significantly reduce risk by quickly finding and fixing the vulnerabilities most likely to hit their applications and ignoring reported vulnerabilities that pose little risk. Industry-leading accuracy frees developers to focus on important security patches and improves code speed while allowing AppSec engineers to shift security to the left. A unified code security platform, ShiftLeft CORE analyzes attack context across APIs, OSS, internal microservices, and first-party business logic by combining insights from enterprise and intelligence analysis of the software composition (SCA). Using its unique graph database that combines code attributes and analyzes actual attack paths based on actual application architecture, ShiftLeft then provides detailed guidance on resolving risks in existing workflows and development tools. Teams using ShiftLeft ship more secure code, faster. Backed by SYN Ventures, Bain Capital Ventures, Blackstone, Mayfield, Thomvest Ventures, and SineWave Ventures, ShiftLeft is based in Santa Clara, California.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220616005212/en/
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