Reclaim Security and ArmorCode secure 460 billion KRW in funding for security innovation

Reclaim Security and ArmorCode, two startups, recently announced they have raised funds to develop critical security software. Reclaim Security secured $20 million in Series A funding, after previously raising $6 million in seed funding. ArmorCode received $16 million from both new and existing investors.

Reclaim Security’s AI platform detects common cybersecurity vulnerabilities in enterprise infrastructure and automatically provides solutions. The platform can also simulate the potential business impact of patching vulnerabilities, helping clients resolve issues without causing unexpected downtime. ArmorCode’s platform prioritizes issues based on severity and provides solutions according to the problem’s theme.

Mark Kraynak of Reclaim Security said, “Security tools excel at explaining risks but still fall short in offering practical security solutions.” This funding will help both companies accelerate talent recruitment and market expansion.

When launching its new platform modules, ArmorCode focused on analyzing risks associated with AI tools and the accessibility of sensitive data. ArmorCode CEO Nikhil Gupta stated, “As AI applications accelerate in large enterprises, AI risk management has become indispensable.”