TLDR:
- Endor Labs, a leader in software supply chain security, received a strategic investment from Citi Ventures.
- The amount of the deal was not disclosed, and this investment follows a previous $70M in Series A financing from Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and other industry leaders.
Endor Labs, based in Palo Alto, CA, was founded in 2022 by industry veterans Varun Badhwar and Dimitri Stiliadis. The company focuses on helping development teams ship products faster by identifying risks in dependencies during the software development lifecycle. By providing visibility into potential risks, Endor Labs enables teams to address only the critical issues, ultimately streamlining the development process.
The investment from Citi Ventures highlights the growing recognition of Endor Labs’ innovative approach to software supply chain security. The company has already gained traction with Fortune 500 enterprises and emerging cloud-native companies since its establishment.
This strategic investment positions Endor Labs for further expansion and development in the software security space, as it continues to help businesses mitigate risks and accelerate their product development processes.
