CIBC Innovation Banking Provides Debt Financing to NowSecure
NowSecure delivers a full suite of mobile security testing solutions that supports customers in identifying and remediating security threats, compliance gaps, and privacy issues with their mobile application portfolio. Customers can leverage NowSecure to protect mission-critical applications whether they are commercially purchased or custom-developed. The solutions fit seamlessly into the workflow of Agile and DevSecOps environments and include automated security testing software integrated into development toolchains, mobile supply chain risk monitoring software, pen-testing software, expert pen-testing services, and training courseware.
“Mobile apps now dominate all digital time spent helping organizations drive revenue, customer engagement, and business growth,” said
“CIBC Innovation Banking is proud to support NowSecure with its ambition to help create a world of safe and secure mobile applications," said
This announcement comes after NowSecure announced in February that they had achieved record sales in 2021, and performed over 1.5 million automated mobile app assessments in DevSecOps and on-demand deployments to help protest against attacks and breaches on the more than 200 billion mobile apps downloaded last year.
NowSecure is also backed by
About CIBC Innovation Banking
CIBC Innovation Banking delivers strategic advice, cash management and funding to innovation companies across
At NowSecure, our mission is to save the world from unsafe mobile apps. Founded in 2009, we are exclusively a mobile-first, mobile-only app security testing automation company that maintains deep roots within the security community, working to make rapid, frequent mobile application security testing reliable and cost-effective to all.
Source: CIBC Innovation Banking