NetRise, an Austin, TX-based software supply chain security company, raised $10M in Series A funding.
The round was led by DNX Ventures with participation from existing investors Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures.
The company intends to use the funds to help organizations evolve their security approach to enhance visibility and protection through proactive and continuous monitoring of software components, including firmware, to identify and address threats.
Led by CEO Thomas Pace, NetRise protects organizations from cybersecurity risk analyzing compiled code. Its platform creates a software asset inventory that identifies risk within the software actually installed on the systems critical to enterprise infrastructure. With it, software producers and device manufacturers alike can build a more accurate view of the software composition of their products.
Key features include:
- Enhanced security: Organizations can reduce the impact and risk of cyberattacks by proactively identifying and mitigating vulnerabilities in their software supply chains.
- Improved compliance: Device manufacturers increase customer trust by demonstrating compliance with industry regulations, while enterprises receive information about third-party software, including license compliance.
- Increased operational efficiency: Customers gain visibility into vulnerabilities that are most likely to be exploited, enabling them to prioritize remediation and mitigation.
This investment round brought the company’s total funding to $24.8M.
FinSMEs
15/04/2025