Endor Labs is officially out of stealth, launching the company with a Dependency Lifecycle Management Platform that helps development and security teams maximize software reuse by safely evaluating, maintaining, and updating dependencies. Additionally, the company also announced that it has raised $25 million in seed financing.
The average enterprise has 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. Furthermore, by performing deep analytics on each OSS dependency, Endor Labs uncovers potential security and operational risks beyond just known vulnerabilities.
Endor Labs helps customers select better dependencies; secure, monitor and maintain them at scale; and quickly respond to incidents like Log4j. Having a full understanding of their dependency graph also lets customers generate and analyze accurate SBOMs and have a single source of truth for their entire software inventory, according to the vendor.
“Eighty percent of the code in modern applications is code your developers didn’t write but depend on through open source packages. When our founding team was leading the Prisma Cloud engineering group at Palo Alto Networks, we realized the true magnitude of this issue,” said co-founder and CEO Varun Badhwar. “Having previously created the Cloud Security Posture Management (CSPM) category, this team knows how to take on next generation threats. Our mission now is to enable OSS to live up to its true potential without introducing unnecessary risk. It’s exciting to once again take a new approach to the market, and we believe these solutions will radically enhance application development everywhere.”
This lifecycle approach to dependency management means it becomes easier than ever to reuse software across the org. The result is increased productivity for development and security teams, and significantly reduced supply chain risk.
The funding round was led by Lightspeed Venture Partners, Dell Technologies Capital, and Sierra Ventures, and several industry luminaries who have recognized the massive problem Endor Labs is solving. These include CEOs and executives from Palo Alto Networks, Zoom, Snowflake, Zscaler, Netskope, Rubrik, Databricks, Microsoft, and more.
For more information about this news, visit www.endorlabs.com.