What does Endor Labs do?
Endor Labs builds an application security platform that leverages deep program analysis, automated remediation, and comprehensive datasets to help teams identify, prioritize, and fix vulnerabilities in modern software, including open source and AI-generated code.
How much did they raise?
The company secured $93M in Series B funding led by DFJ Growth with participation from Salesforce Ventures, Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and Citi Ventures.
What are their plans for the money?
Endor Labs intends to use the funds to expand its AppSec platform, enhance automated risk identification and remediation features, and empower engineering and security teams to move faster without compromising security.
What have they achieved so far?
The company has already achieved significant milestones, protecting more than 5 million applications and performing over 1 million weekly scans, along with achieving 30x ARR growth and 166% NRR since its Series A round 18 months ago.