EndorLabs Secures $93M Series B to Revolutionize Open Source Dependency Management

Endor Labs is excited to announce the successful closing of a $93,000,000 funding round, fueling our mission to redefine how organizations manage open source software dependencies. In today’s software development landscape, it is estimated that 80% of the code powering modern applications is not originally written by developers, but instead “borrowed” from a vast, dynamic open source ecosystem. With over 3 million open source projects, 43 million versions, and an astounding 3.1 trillion downloads every year, development teams stand to benefit enormously. However, these benefits come hand in hand with critical challenges in security, scalability, and sustainability—areas that demand robust and innovative tooling solutions. At Endor Labs, we understand these challenges, which is why we have pioneered the first open source dependency lifecycle management platform. Our platform is designed to empower developers and organizations by providing the tools necessary to select, secure, and maintain open source dependencies effectively. The fresh influx of capital will be strategically invested in scaling our operations, accelerating product innovation, and expanding our market reach. We are committed to doing more than just managing open source risks; our goal is to transform the way organizations approach the integration of third-party code into their digital strategies. This remarkable funding milestone not only represents a vote of confidence in our vision but also signals the growing recognition of the importance of dependency management in an increasingly interconnected technological ecosystem. As we embark on the next phase of our journey, we are excited to continue partnering with businesses to secure their development pipelines while fostering innovation in an ever-expanding open source universe.