With headquarters in the Walqa Technology Park in Huesca, the company is virtually linked to Espaitec since November 2016
Continuum Security, a cybersecurity company specialized in the Application Security segment and leader in the automation of Threat Modeling processes, has closed a financing round of 1,5 million euros that will allow it to undertake its growth and international expansion plans. This round has been led by Swanlaab Venture Factory, a Spanish-Israeli manager with offices in Madrid and Tel-Aviv. They have also participated in the operation JME Venture Capital and the Portuguese industrial group Sonae IM.
Continuum Security, founded and led by Stephen de Vries and Cristina Bentué, launched in 2016 IriusRisk, a solution focused on corporate clients, which allows developers and security analysts to reduce and eliminate vulnerabilities in software from the first phases of application development. Thanks to this round of financing, in 2018 it will present IriusRisk 2.0. On the other hand, Continuum Security has also created BDD-Security, a free, open source, dynamic testing tool that helps companies verify that the applications they create are secure. BDD-Security is already a benchmark in the SecDevOps sector.
Continuum Security, which currently has a team of 10 people and a portfolio of large national and international clients mainly from the financial and technology sectors, will reinforce its international presence and strengthen both its commercial structure and its development and computer security teams. The company with headquarters in Walqa Technology Park from Huesca has been linked to Espaitec for a year in the virtual modality, from where the company's technology director Paul Santapau operates.
According to Juan Revuelta, Investment Director of Swanlaab Venture Factory, «Continuum Security is a company with a perfect fit in our investment portfolio. It is present in the area with the most growth potential within the Application Security sector, with size and growth rates already very high, promoted by a top-level management team and with a product superior to its competition. "We think that all the ingredients are in place to achieve a successful operation."
For Stephen de Vries, CEO and co-founder of Continuum Security, «This financing will allow us to continue the company's investment in R&D and the development of new solutions to continue positioning us as leaders in the sector in the development of cybersecurity tools. that help companies automate risk analysis in application architecture and manage threats throughout the entire software development cycle,” confirms de Vries.
