Endor Labs, a Palo Alto, CA-based leader in software supply chain security, received a strategic investment from Citi Ventures.
The amount of the deal was not disclosed.
This comes less than a year after the company received $70M in Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.
Founded in 2022 by industry veterans and serial entrepreneurs Varun Badhwar and Dimitri Stiliadis, Endor Labs helps development teams ship products faster, without relying on different dependencies as they develop their applications. These dependencies include Open Source Software (OSS), LLMs, containers, code repositories and arbitrary tools in CI/CD pipelines, which can introduce risks that development and security teams have no visibility into.
The software surfaces meaningful, reachable risks across dependencies in the software development lifecycle, helping teams get the evidence they need to fix only what matters. Since its inception, the company has quickly gained traction with Fortune 500 enterprises as well as emerging cloud-native companies.
FinSMEs
15/07/2024