Phylum Raises $15M in Series A Funding

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Phylum, an Evergreen, CO-based company that aims to secure the universe of code, starting with the open-source supply chain, raised $15M in Series A funding.

The round was led by ClearSky, with contributions from Atlassian Ventures, SixThirty Ventures, First In and TechOperators.

The company intends to use the funds to grow its go-to-market team and continue the invention of new heuristics and machine learning models to proactively identify risk in open-source packages.

Founded in 2020 by Aaron Bray, Louis Lang and Peter Morgan, Phylum provides a solution that automates the entire process of identifying packages, analyzing the supply chain risk, and categorizing these risks into all five domains: Malicious Code, Vulnerability, License, Author, and Engineering risk. Phylum ingests and analyzes each package as it is published into a package registry, and automates risk analysis and malware detection to convict malicious packages with an average time of 11 minutes. This approach enables the classification and removal of hundreds of unidentified malicious packages and their respective authors, per month.

FinSMEs

03/05/2022