Endor Labs, a Palo Alto, CA-based application security company, raised $93m in Series B funding.
The round was led by DFJ Growth, with participation from Salesforce Ventures and existing backers including Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and Citi Ventures.
The company intends to use the funds for the expansion of its AppSec platform.
Founded by Varun Badhwar and Dimitri Stiliadis, Endor Labs is building an application security platform for the software development revolution. From open source to AI-generated code, it helps teams identify, prioritize, and fix the vulnerabilities that actually matter—faster. With deep program analysis, automated remediation, and comprehensive dataset coverage, Endor Labs empowers modern engineering and security teams to move fast without compromise.
The platform now protects more than 5 million applications and runs over 1 million scans each week for customers including OpenAI, Rubrik, People.ai, Observe.ai, Mysten Labs, and several global financial institutions.
The company today also announced its major expansion of its AppSec platform—purpose-built for the era of AI-generated code and “vibe coding.” Powered by agentic AI and a rich security dataset, the platform identify risks, prioritizes them, proposes remediations, and can apply fixes automatically.
Endor Labs has achieved 30x Annual Recurring Revenue (ARR) growth and 166% Net Revenue Retention (NRR) since its Series A just 18 months ago.
FinSMEs
23/04/2025