How much did Wallarm raise in its Series C?

Wallarm raised $55M in a Series C announced on 31 July 2025.

Who invested in Wallarm's Series C?

The round was led by Toba Capital.

What does Wallarm do?

Wallarm is a cybersecurity company specializing in Application Security, founded in 2016 and headquartered in San Francisco, United States.

Funding record · 2025 / 07

Wallarm raises $55M Series C for application security

Announced 31 July 2025 · Recorded 8 September 2026 · Last verified 8 September 2026

Wallarm, an application security company based in San Francisco, United States, raised $55M in a Series C announced on 31 July 2025, led by Toba Capital. Its disclosed equity funding is now $74.95M across 5 rounds.

Amount: $55M
Round: Series C
Announced: 31 July 2025
Lead investor: Toba Capital
Sources on record: 1securityweek.com

From the source

API Security Firm Wallarm Raises $55 Million

Wallarm has raised $55 million in a Series C funding round led by Toba Capital, bringing total raised to over $70 million.

securityweek.com · 31 July 2025 ↗

The Mandos read

What the record says about Wallarm

Momentum 32 / 100 · Coolinglocked →
pillars in the platform
182 employees · up 1% last month · 2 open roleslocked →
history and breakdowns in the platform
Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
Buyers most often compare Wallarm with 42Crunch, Salt Security and F5locked →
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Funding history

Wallarm funding on record

Wallarm has raised $74.95M in priced equity. Its most recent round was a Series C in July 2025.

Latest round on record: Series C, Jul 2025.

Wallarm funding on the profile →

In the platform

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FAQ

Questions people ask

How much did Wallarm raise in its Series C?: Wallarm raised $55M in a Series C announced on 31 July 2025.
Who invested in Wallarm's Series C?: The round was led by Toba Capital.
What does Wallarm do?: Wallarm is a cybersecurity company specializing in Application Security, founded in 2016 and headquartered in San Francisco, United States.