Traceable

API security and threat detection services

San Francisco, California, United States

About Traceable

Traceable.ai focuses on securing Application Programming Interfaces (APIs), which are essential for software applications to communicate. The technology works by identifying all APIs within a company, evaluating their risk levels, and preventing potential attacks that could result in data theft or fraud. It captures and analyzes every API transaction to provide insights into possible threats, including the detection of "shadow" and "orphaned" APIs that are not properly managed. Unlike many competitors, Traceable.ai emphasizes a user-friendly platform that allows for quick API testing, supporting the "shift left" initiative to address security issues early in the development process. The company's goal is to ensure clients can deploy their services swiftly, typically within a week, while providing ongoing protection as their needs evolve.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$107MTotal Funding
LATE_VCCompany Stage
CybersecurityIndustries
201-500Employees

Risks

Increased competition from well-funded rivals like Salt Security.
Rapid integration of Generative AI poses new security challenges.
Reliance on partnerships like AWS may expose Traceable to strategic risks.

Differentiation

Traceable offers industry-first Generative AI API security capabilities.
The platform provides comprehensive discovery and cataloging of Generative AI APIs.
Traceable ensures quick deployment, promising setup in seven days or less.

Upsides

Traceable secured $30 million to enhance product innovation and global expansion.
Partnership with AWS boosts accessibility and integration of Traceable's platform.
Growing demand for API security due to rising cyber threats benefits Traceable.

Funding

Total raised$107.00 M
Latest valuation$500.00 M
StageLATE_VC
$60
$450.00 M
SERIES A
6/30/2020
$20
$100.00 M