Cloud security startup Dazz Inc. scored a big Series A round this week.
The Menlo Park company, whose service helps cloud software developers identify and correct the security flaws in their code, raised $50 million from Insight Partners, Greylock Partners, Index Ventures and Cyberstarts. The startup plans to use the new funds to expand its engineering team from 30 to 50 employees and to ramp up its sales and marketing efforts, it said in a press release.
"We've hit on an amazing opportunity," Dazz founder and CEO Merav Bahat said in the news release.
Here's more on Dazz's latest round and other Series A funding news from the past week:
Dazz Inc., Menlo Park, $50 million: Insight Partners, Greylock Partners, Index Ventures and Cyberstarts all invested in this provider of an automated cloud security service.
Konsus Inc. (dba Superside), Palo Alto, $30 million: Prosus Ventures and Lugard Road Capital led the round for this provider of graphic design services and software. Slack Fund and Acequia Capital also participated.
Pace Groups. Inc. (dba Pace), Tiburon, $13 million: Pace Capital led the round for this provider of an app that offers online group therapy sessions. Sequoia Capital and BoxGroup also invested.
Hippo Harvest Inc., Half Moon Bay, $11 million: Congruent Ventures led the round for this developer of a robotic indoor agriculture operation. Amazon Climate Pledge Fund, Collaborative Fund and Energy Impact Partners also invested.
Pod Foods Co., San Francisco, $10 million: Industrious Ventures led the round for this provider of an online wholesale marketplace for grocery companies. M12 and Moment Ventures also participated.
Airplane Labs Inc., San Francisco, $8.5 million: Benchmark led the round for this provider of a service that helps companies create software tools to automate or streamline certain operations.
Frameplay Corp., San Francisco, $8 million: Hiro Capital led the round for this provider of a service that can embed advertisements inside video games. Kona Venture Partners and zVentures also participated.
