Contrast Security raises $150M to advance application security

Contrast Security announced that it has closed $150M in a Series E round of funding at a greater than billion-dollar valuation. The oversubscribed round was led by Liberty Strategic Capital, founded by former Secretary of the Treasury Steven Mnuchin, together with 100% participation from existing Contrast investors Warburg Pincus, Battery Ventures, General Catalyst, Microsoft’s M-12 Fund, AXA Venture Partners and Acero Capital.

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