Socket secures $40M to combat next-generation software suppl...
Blog post from Socket
Socket, a leading platform in protecting software from supply chain attacks, has announced a $40 million Series B funding round led by Abstract Ventures, with participation from notable investors such as Andreessen Horowitz and Elad Gil. The company focuses on proactively blocking malicious open source packages, detecting threats in real time, and replacing legacy Software Composition Analysis tools like Snyk. With support for six programming languages, Socket has integrated AI-powered threat detection features that have enabled it to prevent over 100 software supply chain attacks weekly, contributing to its rapid growth and protection of over 7,500 organizations and 300,000 GitHub repositories. The new funding will aid in further product development, team expansion, and scaling to meet increasing demands for enhanced application security, as companies seek to mitigate the growing sophistication of supply chain attacks.
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