Endor Labs, a distinguished finalist in the 2023 RSA Innovation Sandbox contest, has successfully raised $70 million in its inaugural major funding round. The Silicon Valley-based startup, founded in 2021, is poised to revolutionize cybersecurity by transitioning its focus from code security to pipeline security.
Led by co-founder and CEO Varun Badhwar, Endor Labs intends to extend its capabilities to safeguard the entire software supply chain, particularly the CI/CD pipeline, validated secrets, and configuration repositories.
The Series A funding, primarily led by prominent investors Lightspeed Venture Partners and Coatue, provides Endor Labs with substantial resources to advance its innovative mission. The company aims to address the emerging challenges posed by pipeline security, a crucial area that has gained prominence due to increased adoption of software bill of materials by the U.S. government.
This funding milestone propels Endor Labs’ pursuit of enhancing security across the development pipeline, while ensuring its solutions remain efficient and financially sustainable.
With an impressive leadership team that includes co-founder Dimitri Stiliadis, who previously led Palo Alto Networks’ successful Prisma Cloud venture, Endor Labs brings a wealth of expertise to the table. The company’s commitment to streamlining security processes and eliminating noise from pipeline security tools is set to resonate well in the market.
By allowing developers to focus on writing software and reducing erroneous vulnerability noise, Endor Labs is poised to make a significant impact across industries, from banking to e-commerce, as it expands its operations beyond North America.
This funding marks a pivotal moment for Endor Labs, positioning it to not only fortify pipeline security but also expand its reach globally. The startup’s dedication to providing value by enabling developers to efficiently tackle security challenges and drive software innovation underscores its commitment to a disciplined and sustainable approach to scaling.
As the company engages with prominent banks and diverse industries, its innovative solutions hold the promise of reshaping the landscape of software security and development.
