# Tinfoil Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tinfoil-security

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.tinfoilsecurity.com
- Latest round: Seed (Aug 1, 2011)
- Investors on record: 2

## About

Tinfoil Security specializes in application security, providing effective solutions to identify and manage risks in software development, particularly focusing on open source and proprietary code.Founded in 2011, Tinfoil Security operates from Palo Alto, US, and focuses on application security. The company has raised USD 0.1 million through a Seed funding round from MassChallenge, marking its entry into the industry with a focus on enhancing software security. The founder's previous history or other ventures is not disclosed. As part of its operational strategy, Tinfoil Security has successfully completed three deals, with the latest funding round occurring on October 24, 2011.Tinfoil Security provides a suite of application security solutions tailored for managing software development risks. Their flagship product, the Polaris platform, offers an integrated Software as a Service (SaaS) environment that automates security scanning throughout the software development lifecycle (SDLC). The platform streamlines DevSecOps processes for organizations, ensuring compliance with security standards while enhancing developer productivity. Tinfoil Security serves a widespread client base including sectors such as automotive, financial services, healthcare, and the public sector, with a strong global presence in North America, Europe, and parts of Asia.Tinfoil Security generates revenue primarily through subscription-based models for its application security solutions. Clients engage via annual or multi-year contracts, granting access to the Polaris platform and associated services, including threat assessments, training, and support. Revenue is structured through B2B agreements as enterprises integrate Tinfoil Security's solutions into their software development processes. Additionally, the company offers specialized services like security audits, tailored to meet the needs of clients in regulated industries, contributing to a robust revenue model through ongoing subscription fees.In the coming years, Tinfoil Security plans to enhance its product offerings with new features aimed at improving security scanning capabilities. The company is exploring expansion into new geographic markets, specifically targeting regions in Europe and Asia by 2023. The recent Seed funding of USD 0.1 million raised in October 2011 will be allocated towards developing these new security solutions and supporting market entry initiatives.

## Funding rounds

- Seed, Aug 1, 2011 — Ridge Ventures, 500 Global

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed