PingSafe is a startup developing a cloud-native application protection platform (CNAPP) with a focus on attacker intelligence, aiming to offer a single comprehensive solution for an organization's cloud security requirements.
PingSafe’s CNAPP uses graph databases to map an organization's network and applications and detect vulnerabilities. The company’s proprietary offensive security engine simulates cyber attacks to further test and analyze vulnerabilities and provides proof of exploitability without requiring manual verification by developers.
Key customers and partnerships
As of July 2023, PingSafe counts Flipkart, Razorpay, Near Intelligence Inc., Skyflow, Belvilla, and Recko among its clients and reportedly quadrupled its customer base over the previous year.
Funding and financials
PingSafe raised USD 3.3 million in a seed funding round led by Peak XV Partners (formerly Sequioa Capital India and SEA) in July 2023. The funds were to be funneled into further developing PingSafe’s CNAPP solution.
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