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Venture Capital News: Endor Labs Inks $70M Oversubscribed Series A

2023-08-03
PALO ALTO, CA, Endor Labs, creator of the Code and Pipeline Governance Platform, today announced $70 million in oversubscribed Series A financing.
The funding comes from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32, and over 30 industry-leading CEOs, CISOs, and CTOs. Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue and former CTO of Atlassian; and Deepak Jeevankumar of Dell Technologies Capital will be joining the Endor Labs Board. The new round of funding, which includes $22M converted to equity from the previous round and comes only 10 months after the company's launch, will help Endor Labs create effective application security programs that don't impose a productivity tax on developers.

Endor Labs helps developers and security teams spend less time dealing with security issues and more time accelerating development through safe Open Source Software (OSS) adoption. Our Code and Pipeline Governance Platform helps organizations prioritize risk across open source software and CI/CD pipelines, and meet compliance objectives such as SBOMs. The Endor Labs engineering team includes some of the world's leading static analysis experts, including 7 PhDs and senior engineers from Meta, Uber, Amazon, and Microsoft.
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