Intel Capital invests in Zenity, an Israeli startup, to secure the future of low-code/no-code development. This investment aims to address the growing security concerns in the enterprise app market, especially with the rise of AI Copilots. A new era of secure development is on the horizon.
Revolutionizing the Dev Ecosystem
The world of software development is undergoing a significant transformation, and Intel Capital is at the forefront of this change. In a strategic move, Intel Capital has invested in Zenity, an Israeli security startup, to revolutionize the ‘low-code/no-code’ development ecosystem. This investment is not just about funding; it’s about shaping the future of how we build and secure applications.
The Zenity Solution
- Addressing a Growing Need: With the rise of low-code and no-code tools, there’s an increasing demand for security solutions tailored to these platforms. Zenity recognized this gap and developed a platform to secure the low-code/no-code development process.
- Empowering Non-Technical Users: The beauty of low-code/no-code tools lies in their accessibility. They enable non-technical users to create apps and workflows without writing complex code. However, this ease of use also presents a challenge: ensuring security and governance. Zenity’s solution is designed to address this critical issue.
- Series A Funding: Zenity has successfully raised $16.5 million in Series A funding, led by Intel Capital. This funding round included existing investors Vertex Ventures and UpWest, as well as new investors from Gefen Capital and B5.
The Impact
- Securing the Enterprise: Zenity’s focus is on securing enterprise applications, especially those built with low-code/no-code platforms. With the average large enterprise having nearly 80,000 apps across copilots and low-code platforms, the need for robust security is paramount.
- AI Copilot Security: Zenity is making waves by becoming the first company to provide application security for Enterprise AI Copilots. With the emergence of Microsoft Copilot Studio, developers can build custom AI Copilots using a no-code approach. Zenity ensures that these innovative tools are secure and reliable.
- Market Potential: Zenity and its investors are confident in the market potential for low-code/no-code security. As more organizations adopt these development methods to increase productivity, the need for specialized security solutions will only grow.
A New Era of Development
The investment by Intel Capital in Zenity signifies a turning point in the software development industry. As we embrace low-code/no-code tools and AI-powered development, ensuring security becomes a top priority. Zenity’s platform is poised to become the guardian of this new era, protecting applications from potential threats while empowering a new generation of developers.
Final Thoughts: Securing the Future
As we witness the democratization of software development, with everyone becoming a developer, the need for security becomes more critical than ever. Zenity’s journey, backed by Intel Capital, is a testament to the power of innovation in addressing emerging challenges. Will this investment shape the future of secure development? Only time will tell, but the potential is undoubtedly exciting.
