SafeStack Academy, an online training platform dedicated to improving software security, has raised NZD$2.3m in a seed round to further develop and grow its product.
Australian venture capital firm Jelix Ventures has led the round, made up of a strategic group of New Zealand and Australian investors including Carthona Capital, K1W1, NZGCP Aspire Fund, and NAB Ventures.
This funding aims to capitalise on SafeStack Academy's early traction, which includes reaching almost NZD$500,000 ARR in its first 12 months of operation, and serving 57 companies in 6 countries.
According to founder and CEO Laura Bell, since its launch in September 2020, SafeStack Academy has earned a reputation for building security skills and culture across entire engineering teams by offering flexible, high quality, and people-focused online secure development education.
Rather than targeting specific programming languages and technologies, SafeStack Academy teaches secure design and architectural practices that integrate earlier into the software development life cycle, securing a wider range of teams and technical environments.
Operating on a simple subscription-based model charged per learner, per year SafeStack Academy makes it easy for teams to start weaving security into their development practices, whatever their size, maturity, or budget.
"With an estimated 30 million software development professionals worldwide, increasing by around 1.2 million per year, this space is growing at an astonishing rate," says Bell.
"It's a critical time for security education, as w'ere seeing illustrated by increased security incidents in all parts of the world. It's more important than ever that we build in security from the start if we are to protect our data, systems, and people," she says.
SafeStack Academy creates a sustainable security culture based on empowerment, not fear, helping teams build the confidence and peace of mind to in ..
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