VentureIsrael News

Wib raises $16 million for API security platform

Portfolio Companies VentureIsrael News

Cybersecurity startup Wib, which has developed an API security platform, announced on Tuesday a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, VentureIsrael, Techstars, and existing investors.

Wib’s API security platform provides complete visibility across the entire API landscape, from code to production. By delivering real-time inspection, management, and control at every stage of the API lifecycle, Wib can automate inventory and API change management; identify rogue, zombie, and shadow APIs, and analyze business risk and impact, helping organizations to reduce and harden their API attack surface.