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