Lockheed Invests in Cyber Firm RunSafe Security Through Second Series A Funding Round

RunSafe Security has raised $3.5M in a new round of Series A financing from Lockheed Martin’s venture capital arm and NextGen Venture Partners.

RunSafe’s Alkemist is a patented platform that uses moving-target defense and runtime application self-protection methods to immunize software, including third-party binaries, open source and in-house code, from cyber attacks, the company said Thursday.

Alkemist originated from a Defense Advanced Research Projects Agency project and can be fielded in DevSecOps software pipelines to protect operating systems, applications, firmware and virtual machines from cyber threats.

“Our investment in RunSafe underscores our focus on mitigating evolving cyber threats that the defense industry faces," said Chris Moran, vice president and general manager of Lockheed Martin Ventures. "We look forward to working with RunSafe to assist in our effort to protect mission-critical systems our customers rely on."

RunSafe Security initially closed $6.3M in Series A investment in late December and the new funding round brings its total Series A financing to $9.8M.