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Pixee Raises $15M to Automate Code Security to Meet the Velocity of GenAI-Enabled Developers

Pixee Raises $15M to Automate Code Security to Meet the Velocity of GenAI-Enabled Developers

May 28, 2025 Craig Etkin

Pixee’s AI-powered solution automates the last mile of application security – from alerts to resolution

BALTIMORE–(BUSINESS WIRE)–Pixee, the creator of innovative solutions that empower security teams to match the productivity of AI-powered development, announced today that it has raised $15M in seed funding. The round was led by Decibel and Wing VC, with participation from TEDCO, PrimeSet and strategic investors, including early GitHub engineer Zach Holman, HackerOne Founder and CTO Alex Rice, Oracle SVP of Cloud Operations Brian Chess, and more.

The new capital will accelerate Pixee’s product development and expansion of the go-to-market team, enabling the company to scale adoption among enterprises and capture the growing demand for its AI-powered solution.

Early enterprise customers have seen substantial benefits from adopting Pixee, including recapturing 91% of developer remediation time and cutting security triage time by 74%. Automated code fixes achieve an impressive 76% merge rate.

Pixee is the first enterprise-grade tool that uses agentic AI for context and logic alongside deterministic techniques, delivering both intelligent vulnerability triage and accurate, trusted fixes. It integrates directly into developer workflows, including GitHub, GitLab, Bitbucket, and Azure DevOps, creating pull requests with ready-to-accept code. Purpose-built for security-conscious enterprises, the on-premises deployment option keeps customers’ sensitive data, intellectual property, and source code fully under the customer’s control. This eliminates the risk of data leaks or exposure to unregulated AI tools, ensuring strong trust, security, and protection.

“Developers are more prolific today than ever before, especially those leveraging the latest genAI tools like Cursor, Claude Code & GitHub Co-pilot,” said Surag Patel, co-founder and CEO of Pixee. “It’s time application security teams are empowered with a platform that enables them to 10X their team and keep pace with their counterparts. By focusing on capabilities like automated, production-ready code fixes directly into developer workflows and automating expert automated triage for security, enterprises can now ship secure code at unprecedented velocity. Teams can trust that any vulnerabilities within code are being resolved faster than new ones can be introduced.”

IDC projects that by 2027, 70% of corrective code fixes for application security issues will be generated by AI-assisted automated remediation tools, reducing the time to patch vulnerabilities to just days. The report also found that developers estimate spending 19% of their weekly hours on security-related tasks, often outside normal working hours. The average organization spends a whopping $28,100 per developer each year in security-related tasks.

“It’s time Application Security teams have their ‘Cursor’ equivalent platform. Pixee is the first platform we’ve seen that truly changes the equation in security programs and enables them to keep up with the pace of developers. By natively weaving into the developer workflow and automating work that previously was a tax on developers and security teams, security gets done automatically. Instead of the same story of understaffed product security teams, we finally have a path to the enterprise dream,” said Dan Nguyen-Huu, Partner at Decibel.

“At the heart of Pixee is a powerful insight: genAI-fueled developer productivity and security can coexist without friction. By automating the complex tasks of resolving issues from product security scanners, Pixee allows developers and security teams to reclaim valuable time, driving innovation and delivering higher quality software, faster,” added Jake Flomenberg, Partner at Wing.

Pixee was founded by industry veterans with decades of experience in security and developer enablement. Co-founder and CEO Surag Patel was the Chief Strategy Officer at Contrast Security, and held leadership roles at 41st Parameter (acquired by Experian), comScore, and InMobi. Co-founder and CTO Arshan Dabirsiaghi co-founded cybersecurity unicorn Contrast Security and is recognized as one of the world’s most prominent application security experts. Together, they are building Pixee to redefine how security is managed in the development process.

About Pixee, Inc.

Pixee is the first enterprise-grade platform that automates the last mile of application security, from alerts to resolution. The company’s technology integrates directly into developer workflows, using a combination of agentic AI and deterministic techniques to deliver trusted, automatic code fixes with an 87% merge rate. Founded by security industry veterans Surag Patel and Arshan Dabirsiaghi, Pixee is backed by Decibel, Wing VC, and strategic investors including early GitHub engineer Zach Holman and HackerOne Founder Alex Rice. For more information, visit pixee.ai.

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(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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