GitGuardian, a French cybersecurity startup, has raised $12 million in Series A funding to enhance its platform that detects sensitive company information, or "secrets," leaked in online code repositories. Leveraging advanced algorithms, GitGuardian identifies thousands of such leaks daily, which include critical credentials like API keys and database access details, posing significant security risks for companies. These leaks, often found on platforms like GitHub, can lead to severe breaches impacting company valuations and incurring substantial fines. The funding, led by Balderton Capital and joined by notable investors such as GitHub co-founder Scott Chacon and Docker founder Solomon Hykes, aims to expand GitGuardian's customer base, particularly in the US. The platform's real-time monitoring capabilities and machine learning technologies enable it to quickly alert developers and security teams to potential threats, offering a crucial defense for modern enterprises against unauthorized access to sensitive systems and data.