Endor Labs, a provider of software supply chain security solutions, has raised $93 million in a Series B funding round. The funding round was led by DFJ Growth, with participation from major investors like Salesforce Ventures and Dell Technologies Capital. This investment will help support the expansion of Endor Labs’ AppSec platform, which aims to strengthen application security. Prior to this round, Endor Labs had already raised $70 million in Series A funding and over $25 million in seed funding.
The expanded AppSec platform includes new features powered by artificial intelligence. Endor Labs has integrated AI agents into the platform that help review code, identify risks, and recommend fixes. These agents specifically focus on detecting architectural changes that could introduce vulnerabilities, such as modifications in authentication systems, API endpoints, and cryptographic implementations. This AI-driven approach is designed to proactively improve the security of applications during development.
Varun Badhwar, the co-founder and CEO of Endor Labs, emphasized the role AI is already playing in reshaping software development. He pointed out that while 80% of code traditionally came from open-source sources, a shift is underway with AI-generated code now becoming the norm. Badhwar expressed confidence that AI will continue to drive the development of secure software, reshaping how applications are built in the coming years.
Badhwar also highlighted the unique advantage of Endor Labs’ AI agents, which are more than just basic models using large language models (LLMs). Instead, the company has spent years building a security-focused dataset, which powers these agents. This data-driven approach enhances the effectiveness of the AI agents, providing AppSec teams with better tools to protect applications against emerging security threats.
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