Contrast Security Raises $16M Series B

Contrast Security Founders Arshan Dabirsiaghi and Jeff Williams.

A Palo Alto-based startup with an office in Canton announced $16 million in new funding on Wednesday.

The Series B round for Contrast Security was led by General Catalyst Partners, accompanied by Acero Capital.Tenable Network Security founder Ron Gula, former Akamai Technologies CEO Paul Sagan and Microsoft board chairman John W. Thompson also participated.

Founded in 2013 by former Aspect Security leaders Jeff Williams and Arshan Dabirsiaghi, the company focuses on the security of software applications. Big companies are increasingly building and relying on agile development and DevOps for software apps. But companies are still using older tools like firewalls, which weren’t designed to protect these faster new processes, Williams said.

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