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1
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· Posted on
February 21, 2024

Aussie cybersecurity company raises $50 million... and it's good timing after some major cyber debacles recently

Sydney-based cybertech Secure Code Warrior aims to help developers how to avoid cyberattacks.

What's the key learning?

  • Secure Code Warrior just notched up its 600th enterprise customer and will use the new capital to grow its market share.
  • A major cyberattack can pose not only a commercial risk for businesses, but also a repetitional impact.
  • Secure Code Warrior can leverage these nasty cyberattacks to drive their business case forward.

👉 Background: We all know that the number of cyberattacks across the world have grown rapidly over the last few years.Think Optus, Medibank, Latitude Financial... And that's just in Australia alone..

👉 What happened: Now, Sydney-based cybertech Secure Code Warrior has raised $50 million USD to to teach developers how to avoid, and fix security vulnerabilities as they code.

👉 What else: It's just notched up its 600th enterprise customer and will use the new capital to grow its market share.

What's the key learning?

💡The risk of a cyberattack is too big to bear for too many businesses. A major cyberattack can pose not only a commercial risk for businesses, but also a repetitional impact.

💡We only need to look as far as two of Australia's biggest companies to see the impact.

💡Secure Code Warrior can leverage these nasty cyberattacks to drive their business case forward. And for that, companies are willing to pay the big big bucks!

‍

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