ACCORDING to SecurityWeek, Unified exposure management firm ArmorCode has raised $16 million in a strategic funding round, bringing its total raised to $81 million since its 2020 founding in Palo Alto, California. The new investment round was led by Cheyenne Ventures, with additional support from Ballistic Ventures, Cervin Ventures, Harmonic Growth Partners, Highland Capital, NGP Capital, Sierra Ventures, and Tau Ventures.
ArmorCode has built an agentic AI platform that provides organisations with a unified view over AI agents, MCP servers, and shadow AI apps, covering applications, cloud services, infrastructure and AI systems to deliver a single view and actionable risk reduction capabilities.
The funding will accelerate platform development, expand go-to-market efforts, and drive product innovation, including expanding AI Exposure Management capabilities, adding autonomous, multi-step security workflows and extended MCP server support for an extensible security control plane, and growing its dedicated customer success organisation. Phil Venables has been appointed to ArmorCode’s Board of Directors. March 6, 2026.