Endor Labs Secures $400M in Series B Funding to Revolutionize Open Source Dependency Management

Endor Labs is thrilled to announce the successful closing of a $400 million funding round, marking a pivotal expansion in its mission to transform modern software development. In today’s digital landscape, where a staggering 80% of code in modern applications is sourced externally—from over 3 million open source software projects with 43 million versions and 3.1 trillion yearly downloads—organizations face unique challenges in security, scalability, and sustainability. Endor Labs recognized early on that while the benefits of leveraging the open source ecosystem are immense, developers and IT teams require robust tooling to navigate the complexities that come with managing such vast dependencies. With this record-breaking capital injection, the company is poised to accelerate the enhancement and global reach of its groundbreaking dependency lifecycle management platform—the first of its kind in the open source sector. This innovative platform empowers software teams to effectively select, secure, and maintain their open source components, ensuring that the code they integrate is not only cutting-edge but also fortified against evolving cybersecurity threats. The new funds will drive further research and development, support the scaling of operations, and expand Endor Labs’ strategic outreach initiatives, allowing it to serve a broader spectrum of enterprises and developers worldwide. As businesses increasingly depend on external code, Endor Labs stands at the forefront of securing software development’s future by fortifying the open source ecosystem. This funding milestone underscores the confidence investors have in Endor Labs’ vision and technology, paving the way for more resilient, scalable, and secure software solutions across the industry.