Endor Labs announced it has raised $25 million in seed financing from Lightspeed Venture Partners, Dell Technologies Capital, and Sierra Ventures, and several industry luminaries. These include CEOs and executives from Palo Alto Networks, Zoom, Snowflake, Zscaler, Netskope, Rubrik, Databricks, Microsoft, and more.
Endor Labs also announced a Dependency Lifecycle Management Platform that helps development and security teams maximize software reuse by safely evaluating, maintaining, and updating dependencies.
Over the last year, over 75 major organizations have provided feedback that has been incorporated into the product, which is currently in private beta with companies ranging from 200 to 35,000 employees.
Enterprises have more than 40,000 open source dependencies directly downloaded by developers. Each of those dependencies can bring in on average 77 other (transitive) dependencies creating a massive, uncontrollable sprawl that slows down development and increases the attack surface across multiple dimensions.
Endor Labs’ platform provides security and development teams with an unprecedented understanding of how dependencies are being used across their organization. Endor Labs helps customers select better dependencies; secure, monitor and maintain them at scale; and quickly respond to incidents like Log4j.