By Ivan Novikov and Stepan Ilyin
When we started Wallarm, we focused on the APIs that power modern apps. We built an API-first platform, used AI from day one, and secured early patents in behavior-based detection and automated policy creation. The result: real-time, inline blocking with automatic API discovery that protects production, not just dashboards.
Today’s investment isn’t only fuel for innovation—it’s proof of enterprise recognition. Large customers are standardizing on Wallarm because the ideas we backed early now define the category: API-native, AI-driven protection that scales.
Next, we’re bringing business context into the core of security—protecting sensitive business flows end-to-end, from agentic AI workflows to the APIs that drive revenue. As AI adoption accelerates across the enterprise, we expect this context-aware approach to be the next benchmark leaders will demand.
Today, we are humbled and proud to see that vision validated. With the announcement of our $55M Series C funding round and Wallarm’s inclusion in the 2025 Inc. 5000 list of fastest-growing private companies in America, we’re taking a moment to reflect on the journey, the lessons learned, and the people who made this possible.
Fueling Innovation With Series C
Raising $55 million in Series C funding is more than just capital, it’s a commitment to accelerate innovation. This investment enables us to expand product development, strengthen our AI-driven security capabilities, and continue scaling globally to meet the demand of enterprises across industries.
Every day, organizations trust Wallarm to protect billions of API calls powering finance, commerce, and healthcare. This funding both validates enterprise recognition of our API-first, AI-native vision and gives us fuel to scale. As attackers use AI to widen API surfaces and fire exploits at machine speed, legacy tools fall behind. Our patent-backed models learn live traffic and enforce precise, inline, real-time blocking—built for action, not dashboards. Next, we’re adding deep business context to security: mapping and protecting sensitive flows end-to-end, from agentic AI workflows to the APIs that drive revenue. This capital lets us ship even more resilient defenses that stop today’s most sophisticated attacks—and stay ahead of what’s coming.
Recognized Among the Fastest-Growing Companies
Being named to the Inc. 5000 list is a milestone that speaks to the incredible growth trajectory of Wallarm. It validates not only our business momentum, but also the strength of the problem we’re solving: securing APIs and AI in an increasingly complex digital ecosystem.
Growth metrics matter, but what makes this recognition meaningful is that it reflects the trust and partnership of our customers. It’s proof that we are solving real problems at scale—and that we’re just getting started.
The People Behind the Growth
If our customers are the measure of our success, then our employees are the engine that makes that success possible.
From engineering and product innovation to customer success, sales, and operations, the Wallarm team has shown resilience, creativity, and relentless drive. Their ability to adapt to new challenges, anticipate customer needs, and deliver at scale is what transforms our vision into reality.
We are especially proud of the culture we’ve built together, one rooted in curiosity, ownership, and collaboration. The recognition from Inc. 5000 and the confidence of our investors are a reflection of our employees’ hard work and dedication.
This milestone is as much theirs as it is ours.
The Road Ahead
While we’re proud of the milestones behind us, our eyes are on the future. Cybersecurity is a race without a finish line, and we are committed to staying ahead of adversaries by continuously innovating.
We’ll be investing further in:
- Securing the AI powered Future: As AI becomes the backbone of digital transformation, we’re investing deeply in protecting the APIs that power it. From orchestration frameworks to autonomous agents, our focus is on stopping attacks before they disrupt how businesses innovate with AI.
- Protecting Revenue and Trust: Our customers run their revenue on APIs and our mission is to keep those APIs resilient and secure. Every breach we prevent is not just about security, it’s about protecting customer trust, safeguarding digital transactions, and ensuring business continuity in a world where downtime equals lost revenue.
- Defending Critical Business Flows: APIs are the circulatory system of modern business. We are committed to securing every flow payments, identity, healthcare, logistics from design to runtime. By providing continuous visibility and protection, we ensure that innovation never comes at the cost of resilience.
Above all, we will continue to put our customers first because their trust is our most valuable asset.
A Thank You
To our team: thank you for your brilliance, resilience, and passion. To our customers: thank you for trusting us to protect what matters most. And to our investors and partners: thank you for believing in our mission.
This is a milestone worth celebrating, but it’s also a stepping stone. The journey continues and the best chapters are still ahead.
Ivan & Stepan
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