A tech firm, p0 has raised $6.5million
from Lightspeed Venture Partners with participation from Alchemy Ventures to
help stop catastrophic software failures. p0’s proprietary technology leverages
Large Language Models (LLMs) to identify safety and security issues in software
before it is ever run in a production environment. p0’s technology provides a
single-click solution with no need for additional user configuration.
p0 can handle a wide range of
software issues including data integrity issues and validation failures
(including those affecting data security), alongside speed and timeout issues.
p0 noiselessly surfaces intelligent and actionable output far more effectively
than traditional software reliability and security solutions. Through developer
teams simply connecting their Git code repositories to p0, they can rapidly
gain insight beyond what traditional rule-based static analysis tools can
provide - with the ability to run code scans in just 1-click.
Co-Founder and CTO of p0, Prakash
Sanker, said: “Across the world, recent catastrophic software failures have led
to real-world impact on human life and poor outcomes for businesses. At p0, we
are determined to stop these safety and security issues affecting our society.
Leveraging AI, we can go further than traditional software reliability and
security tools to ensure society sees the benefits of technology with less
risk.”
Co-Founder and CEO of p0, Kunal
Agarwal, said: “We’re building a phenomenal team and product at p0, all
focussed around protecting our clients and their users the damage that software
vulnerabilities and reliability bugs can cause.
“As software becomes more
intricate and pervasive, the importance of robust testing and reliability
checks has never been more apparent. p0 is here to fundamentally change how
organisations tackle these challenges head-on by harnessing the analytical
power of AI. Our innovative approach empowers developers to write safer, more
secure code thereby pre-empting serious run-time failures and exploits.”
Before founding p0, Sanker
studied maths and computer science at Stanford University and worked at
companies including Palantir. Agarwal, an economics graduate from Harvard
College, has previously founded a company backed by Lightspeed, Priority Vendor
Technologies, which was acquired by Kansas-based C2FO in 2019.
p0 will use the capital to develop
its product further, as it seeks to gain adoption from more users and build its
team further.
Partner at Lightspeed, Hemant
Mohapatra, said: "“At Lightspeed we’ve backed over 50 companies using
generative AI to create new markets and upend old ones. p0’s cutting-edge
approach to code and API security is unique and amongst the first ever truly
LLM-native ways of solving this age-old and ever-evolving problem. We are
excited to have incubated and backed them from when this was just an idea on paper.”
In an increasingly competitive
and malicious environment vulnerabilities in enterprise codebases can lead to
catastrophic security failures. Many times these can be fatal for businesses
built on a foundation of customer trust and reliability. Data security is the
most fundamental promise that a business can make to its users. Despite this,
we have grown accustomed to hearing about massive data exploits on an almost
daily basis. It is logical that recent research has found that 71per cent of
software engineers are concerned about software reliability at their workplace.
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