# BluBracket

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blubracket

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.blubracket.com
- Total disclosed funding: $19M
- Latest round: Series A (May 13, 2021)
- Investors on record: 5

## About

BluBracket, Inc. is a US-based company specializing in code security solutions, enabling organizations to automatically detect and manage sensitive information within their software development processes for enhanced security and compliance.Founded in 2019, BluBracket, Inc. focuses on providing automated security solutions for codebases. The company has undergone strategic transformations to enhance its offerings. BluBracket was acquired by HashiCorp, Inc. in June 2023, further expanding its capabilities in zero-trust management. The company was co-founded by Ajay Arora and Prakash Linga, with Prakash Linga currently serving as CEO. BluBracket is headquartered in Palo Alto, US.BluBracket's flagship product, Vault Radar, automates the detection of unmanaged secrets in codebases, catering to development and application security teams globally. It continuously scans for sensitive information, categorizes detected risks, and aids organizations in identifying personally identifiable information and non-inclusive language, enhancing overall security and workplace inclusivity.BluBracket operates on a subscription-based revenue model, providing clients access to Vault Radar's scanning and monitoring services through annual or multi-year contracts. The company serves a diverse client base, including technology firms and government agencies, capitalizing on predictable revenue streams and long-term customer relationships.With the acquisition by HashiCorp, Inc. finalized in June 2023, BluBracket is positioned to enhance its zero-trust management capabilities. The integration aims to leverage BluBracket's technology within HashiCorp's ecosystem, potentially leading to new product developments and market expansions, although specific products or timelines have not been disclosed.

## Funding rounds

- Series A, May 13, 2021, $12M — Firebolt Ventures, Evolution Equity Partners, SignalFire, Point72 Asset Management, Unusual Ventures
- Seed, Feb 19, 2020, $6.5M — Firebolt Ventures, SignalFire, Point72 Asset Management, Unusual Ventures

## Investors

- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Seed, Series A
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed, Series A
- Point72 Asset Management — Seed, Series A
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed, Series A
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series A