Endor Labs announced a strategic investment from members of the Silicon Valley CISO Investments (SVCI) group, an angel syndicate powered by GGV Capital, a $9.2 billion global multi-stage VC firm, and one of the most highly regarded investment collectives in tech security. The investment followed a review of startups in the supply chain and open-source security space. Security executives from Robert Half, Ross Stores, Chime, Adobe, BlackHawk, ICE, HashiCorp, Flexport and more, have chosen to take a personal stake in the company.
“Endor Labs is tackling one of the most painful problems security and engineering teams face today: How do you accelerate development with open source software without exposing yourself to risk?” said Oren Yunger, partner at GGV Capital. “This company features a world-class team of engineers and executives who have developed a unique approach with truly innovative technology, and the strong response from our members validates that they’re on to something big.”
Endor Labs’ Dependency Lifecycle Management Platform addresses the weakest link in software supply chain security: the ungoverned sprawl of open-source software in the enterprise. Endor Labs’ mission is to help developers spend less time dealing with security issues and more time accelerating development through safe code reuse.
With this solution, development and security teams can maximize software reuse by safely evaluating, maintaining, and updating dependencies at scale. Endor Labs goes beyond traditional methods of metadata and vulnerability scanning by using program analysis and call graphs to gain a deeper understanding of how dependencies are being used across the organization.
This level of static analysis led organizations prioritize reachable and exploitable vulnerabilities. The ingestion and cross-referencing of call graphs and SBOM data, along with CI/CD insights, also help with the detection of risk patterns that would otherwise go unnoticed.
The company, co-founded by CEO Varun Badhwar and CTO Dimitri Stiliadis, has raised $25 million from Lightspeed Venture Partners, Dell Technologies Capital, and Sierra Ventures, along with the latest endorsement from business leaders in SVCI. These include Nikesh Arora, CEO of Palo Alto Networks; Jay Chaudhary, CEO of Zscaler; Sanjay Beri, CEO of Netskope; Bipul Sinha, CEO of Rubrik; Aparna Bawa, COO of Zoom; and Sri Viswanathan, Former CTO of Atlassian.
