Endor Labs Raises $70M to Reform Application Security and Eliminate Developer Productivity Tax tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Endor Labs, which offers a platform developers can use to manage and secure their open source dependencies, today closed a $70 million Series A round led by Lightspeed Venture Partners with participation from Coatue, Dell Technologies Capital, Section 32 and a number of angel investors. The new financing quite large for a Series A, and coming only 10 months after the company's launch brings Endor's total raised to $95 million. Co-founder and CEO Varun Badhwar says that it'll be put toward expanding the startup's 55-person workforce and "deepening" Endor's existing technical capabilities while expanding its go-to-market initiatives.
The GNOME Desktop project, which develops one of the two main user interfaces for Linux, is once again trying to reinvent the wheel, this time to crea.
Amanda Brock, CEO of influential not-for-profit group OpenUK which advocates for open technology, will be delivering a keynote on AI, open source software and cybersecurity.