Endor Labs, a Palo Alto, CA-based provider of a dependency lifecycle management platform, raised $25M in Seed funding.
The round was led by Lightspeed Venture Partners, Dell Technologies Capital, and Sierra Ventures, as well as and several industry luminaries including CEOs and executives from Palo Alto Networks, Zoom, Snowflake, Zscaler, Netskope, Rubrik, Databricks, Microsoft, and more.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Varun Badhwar, CTO Dimitri Stiliadis, Chief Researcher Georgious Gousious, VP Marketing Ron Harnik, and Head of India R&D center Sriram Subramanian, Endor Labs helps developers spend less time dealing with security issues and more time accelerating development through safe Open Source Software (OSS) adoption. The system provides security and development teams with understanding of how dependencies are being used across their organization. Furthermore, by performing deep analytics on each OSS dependency, Endor Labs uncovers potential security and operational risks beyond just known vulnerabilities. It helps customers select better dependencies; secure, monitor and maintain them at scale; and quickly respond to incidents like Log4j.
Over the last year, over 75 major organizations have provided feedback that has been incorporated into the product, which is currently in private beta with companies ranging from 200 to 35,000 employees.
FinSMEs
11/10/2022