Socket lands a fresh $40M to scan software for security flaws

Quick Summary:

According to one recent survey, 88% of companies believe poor software supply chain security presents an "enterprise-wide risk” to their organizations.

The software supply chain, which comprises the components and processes used to develop software, has become precarious.

The new cash brings Socket’s total raised to $65 million during what Aboukhadijeh described as a pivotal moment in open source history.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United StatesMali

Topics: Enterprise Security Open source Generative AI Code Developer Socket Startup Security Funding Fundraising Cybersecurity Exclusive AI Startups Supply chain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 12:10:34 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 881 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23201377

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