Probely Raises $7.7M in Series A

Probely, a San Francisco, CA-based provider of a cloud-based dynamic application security testing solution, raised $7.7M in Series A funding.

The round was led by Iberis Capital, and Semapa Next, with participation from TIIN Capital, Bright Pixel Capital, Caixa Capital, Portugal Ventures, and EDP Ventures.

The company intends to use the funds to strengthen the team and continue its international growth, especially to the United States.

Led by CEO Nuno Loureiro, Probely provides a solution that identifies vulnerabilities in websites, web applications and APIs, and provides guidance on fixing them. Aimed at developers and cybersecurity teams, the company integrates into development processes (SDLC) and continuous integration pipelines (CI/CD) to automate and streamline security testing across organizations.