Shorooq Leads $2.6M Funding Round for Corgea

Shorooq Partners has led a $2.6 million seed funding round for US-based Corgea, with the participation from Y Combinator, Propeller, Decacorn Capital, Unbound Ventures, and a number of angel investors including Jawad Karim, Y Ventures, and Sam Qasouma.

More to Know:

  • Corgea was founded in 2023 by Ahmed Saad Eldin.
  • It uses AI to tackle challenges in modern cybersecurity.
  • It helps in automating the detection, triaging, and remediation of vulnerabilities in source-code, including complex logic bugs.
  • The company will use the funding to expand its operations within the United States and the Middle East.

Related Comments:

  • Tamer Azer, partner at Shorooq, commented on the investment: “Cybersecurity is one of the fastest-growing sectors globally, but it’s also one of the most under-invested in the Middle East” he added: “Ahmad and his team are addressing an urgent need for businesses to secure their applications in an increasingly complex global and regional cyber landscape, and we are thrilled to support them in scaling this game-changing solution.”
  • “At Corgea, we believe that the future of cybersecurity lies in AI-driven automation and a powerful developer experience. Our platform is designed to seamlessly integrate with existing developer and security workflows, automating the detection of what was previously undetected and fixing of vulnerabilities at a speed and scale that simply wasn’t possible before. This funding enables us to expand our reach, accelerate product development, and continue driving the innovation that enterprises need to stay ahead of ever-evolving cyber threats.” said Ahmed Saad Eldin, Founder and CEO of Corgea.

 

 

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