Liberty Strategic Capital led a $150m Series E round in Contrast Security, a provider of modernized application security, embedding code analysis and attack prevention, with participation from Warburg Pincus, Battery Ventures, General Catalyst, Microsoft's M-12 Fund, AXA Venture Partners and Acero Capital. "The global economy is running on software applications. We are now seeing business leaders, including Microsoft and Google, commit publicly to spend billions of dollars in order to decrease cybersecurity risks in today's fast paced application economy. Supported by President Biden's recent executive order, our customers, governments, and many of the world's largest companies are investing in prevention and resilience against software cyber attacks," Alan Naumann, Contrast Security CEO.