Endor grabs USD 25 Mn in funding to safeguard software supply chain

By Anusha  | Date: October 11, 2022

Endor grabs USD 25 Mn in funding to safeguard software supply chain

Latest citations reveal that Palo Alto-based startup Endor Labs recently obtained an investment worth USD 25 million from Dell Technologies Capital, Lightspeed Venture Partners, Sierra Ventures along with participation from CEO of Palo Alto Networks Nikesh Arora, in order to tackle security issues within open-source software platforms.

Credible analysts claim that all of the codes written in multinational tech companies are available on an open source attributable to its many benefits, but the trend has also unearthed a rather glaring drawback of low visibility and vulnerability to a host of malignancies.

However, several vendors have been receptive to the role of stealth detection technology or tools in effectively tackling these loopholes by scanning the metadata and package descriptors to discover any untoward exploits.

With regards to the development, Varun Badhwar, co-founder of Endor Labs claims that the previous funding was utilized to expand the companys R&D capabilities.

For those unaware, Endor Labs is a startup with an employee base of just 30, which uses graph analysis technology to figure out how corporations use dependencies and make risk indicators.

Open-source software, according to him, offers great potential for future development but a severe lack of consistent efforts among developers to maintain, troubleshoot, and update vulnerabilities due to alert fatigue and the added risk of false positives may aggressively affect productivity within every facet of operations.

Furthermore, he claims that risks associated with software supply chain would soon be a cause of concern in technology market circles.  

Notably, Badhwar has been tirelessly attempting to resolve this issue by conducting a deep program analysis that would easily be able to identify which dependencies should be extracted from the code, which must remain shelved, and which of these packages would pose a risk of being exploited, with the aid of a dependency graph.

Source Credits: - https://techcrunch.com/2022/10/10/endor-emerges-from-stealth-with-25m-to-secure-software-supply-chains/

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Anusha     ibmag.com

Anusha

As a voracious reader and thinker, employing words has always been my preferred method of narration. Anusha’s conviction that a drop of ink possesses the ability to influence even the most stubborn minds has been strengthened by completing a Master’s degree in Engl...

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