Traceable (Strategic Investment)
Funding Details
Awarder
Inbox
Date Award
May 1, 2024
Vertical
API Security
Valuation
$500,000,000
Funding Amount
$30,000,000
Company Info
Founding Year
2019
Traction
Traceable analyzes around 500 billion API calls a month for ~50 customers and projects revenue to double this year. The company serves mostly enterprise clients and is exploring piloting with governments.
Organizations Involved
Citi Ventures, IVP, Geodesic Capital, Sorenson Capital, Unusual Ventures
Founders
Jyoti Bansal, Sanjay Nagaraj
Market
Cybersecurity
Location
San Francisco, CA, US
Coinvestors
Citi Ventures, IVP, Geodesic Capital, Sorenson Capital, Unusual Ventures
Company Description

Traceable is an API security company that helps to mitigate risks and optimize the value derived from their APIs for customers.