Phylum Raises $4.5M in Seed Funding

Phylum, an Evergreen, CO-based software supply chain security company, raised $4.5m in seed funding.

The round was led by First In with participation from TechOperators, General Advance, Verissimo Ventures; Area 51 Ventures, Vijay Pandurangan, Philip Martin, CSO for Coinbase, and Caleb Sima, CSO for Robinhood.

Phylum helps companies defend their systems by identifying risk across the entire software supply chain to stay ahead of today’s cybersecurity threats and emerging attack vectors.

Led by Aaron Bray, co-founder and CEO, Phylum applies machine learning, deep analytics, and static code analysis to to provide a complete picture of open-source risk by analyzing more data, from source code and code history, to author and package relationships, to open-source intelligence feeds. Phylum also defends systems from far more than known software vulnerabilities by providing analysis across all five classes of risk for software packages and dependencies. Finally, the Phylum Package Score enables automation so that developers can be security-first while operating at the speed of modern development.

The company is now out of stealth mode after incorporating early feedback from design partners at leading organizations in financial services, healthcare and medical devices, government, and technology.