kindrik partners advises guardrails on S$1m seed funding round
Our Southeast Asia team have advised Singapore based Guardrails on its recently completed S$1 million seed funding round. The company allows its customers to easily access open-source security tools for use within their GitHub and GitLab workflows. Modern development teams are empowered to find, fix, and prevent security vulnerabilities in their web and mobile applications.
GuardRails are a graduate of cyber security accelerator CyLon, which put them in a favourable position to meet and raise funds from institutional investors. The round was led by Singapore VC Cocoon Capital. Guardrails founder Stefan Streichsbier said, “The chemistry was right from the first meeting and I was impressed with their track record. We are very happy to be working together on the future of GuardRails.”
The funding is intended to promote the company’s technology build-out, marketing, sales, and other working capital requirements. We expect Southeast Asia to follow global trends and for cyber security to become an area of focus for both entrepreneurs and investors in the near future.