CIO Influence
CIO Influence News Machine Learning Security

Socket Raises $40Million to Address Next-Gen Software Supply Chain Security Threats from Top Investors

Socket Raises $40Million to Address Next-Gen Software Supply Chain Security Threats from Top Investors

Email logo.png

Socket safeguards companies from software supply chain attacks by detecting and preventing threats in open source code and empowering developers to secure their applications and critical services against malware and other security risks.

With over 90% of modern applications built on open source, security has become more critical than ever. Traditional Software Composition Analysis (SCA) tools are struggling to keep up with the rising tide of supply chain attacks. Helping to tackle the problem, the #1 platform protecting software from supply chain attacksย Socket, which is today announcing a $40M funding round, is laser-focused on proactively monitoring open source packages for malicious behaviors like backdoors, typo-squatting, and obfuscated code.

Also Read: Lenovo Introduces Tailored Partner Journeys with Lenovo 360 to Meet Evolving Needs of the Channel

The Socket Series B $40M funding round was led by Abstract Ventures, with participation from Elad Gil, Andreessen Horowitz (a16z), and a stellar group of angel investors including Bret Taylor (OpenAI), Phil Venables (Google), Scott Johnston (Docker), Christina Cacioppo (Vanta), Ann Mather (Pixar, Alphabet, Netflix, Airbnb), and Tobias Lรผtke (Shopify), among others. This latest round brings Socketโ€™s total funding to $65M, fueling its mission to modernize security for open source software and build out its team across engineering, product, and design.

โ€œWeโ€™ve seen incredible momentum over the past year,โ€ saidย Feross Aboukhadijeh, founder and CEO of Socket. โ€œOur technology has made it possible for leading AI, B2B, and finance companies to switch from legacy SCA solutions like Snyk to Socket. Weโ€™re not just catching vulnerabilities โ€” weโ€™re detecting and blocking malicious threats in real time.โ€

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Socket Dashboard for Organization Alerts: Alerts detected within default branch of your organization’s repositories

A New Standard for Software Supply Chain Security
Socketโ€™s platform now supports six programming languages, including newly added Java and Ruby, and handles critical use cases like license enforcement and reachability analysis โ€” making it a comprehensive replacement for legacy tools.

โ€œAttackers are evolving their supply chain attacks and legacy tools arenโ€™t catching them,โ€ saidย Jason Clinton, CISO at Anthropic. โ€œSocketโ€™s real-time threat detection helps strengthen our security posture, even from zero-day supply chain attacks.โ€

Socket Package Detection Details and Scoring

Also Read: CIO Influence Interview with Amer Deeba, CEO and Co-founder of Normalyze

โ€œAs generative AI drives unprecedented speed in software development, the risk of malicious or vulnerable packages slipping through is higher than ever,โ€ saidย Amjad Masad, Founder and CEO at Replit. โ€œSocket provides preventative protection, catching threats before they can compromise organizations and enabling developers to innovate without sacrificing security.โ€

โ€œIf you haven’t explored Socket yet, now’s the time,โ€ saidย Dev Akhawe, Head of Security at Figma.

Rapid Innovation Driving Success
In the last 12 months, Socket has shipped groundbreaking features, including AI-powered threat detection for software dependencies in six programming language ecosystems which have enabled it to detect and block over 100 software supply chain attacksย every week. This pace of innovation has been key to Socketโ€™s rapid growth, with the company now protecting over 7,500 organizations and 300,000 GitHub repositories.

โ€œSocket is revolutionizing how companies secure their software,โ€ saidย Ramtin Naimi, Founder and Managing Partner at Abstract Ventures. โ€œAs organizations face increasing software supply chain threats, Socketโ€™s preventative and developer-friendly approach is exactly whatโ€™s needed. Socketโ€™s ability to rip-and-replace legacy SCA tools has already made Socket the go-to solution for leading companies that want to massively up-level their application security. Weโ€™re proud to lead their Series B and support them in their mission to make open source software safer for everyone.โ€

The Future of Software Security
โ€œSocket is taking an entirely new approach to one of the hardest problems in security in a stagnant part of the industry,โ€ saidย Elad Gil, investor and co-founder at Color Health. โ€œItโ€™s rare to see a team ship this fast and deliver such a meaningful impact.

With fresh capital, Socket plans to accelerate its product development and expand its team. The company is actively hiring for roles in engineering, product, and sales as it scales to meet the growing demand for Socketโ€™s next-gen application security platform. โ€œWeโ€™re building a world-class team to tackle one of the most urgent challenges in software today,โ€ saidย Feross Aboukhadijeh.

As supply chain attacks grow more frequent and sophisticated, companies need to move beyond reactive security measures. Socketโ€™s mission is clear: to stop supply chain threats before theyโ€™re inside your organization, providing the peace of mind that developers and security teams need to focus on what they do best โ€” building great products.

Also Read: Apple Tsunami Drives Urgent Need for Device Security

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

Related posts

EZO AssetSonar and Cisco Meraki Bring Network AssetManagement to the Next Level

PR Newswire

Red Cat Subsidiary Teal Drones Receives $2.6 Million Purchase Order to Supply Teal 2 sUAS to US Defense Logistics Agency

GlobeNewswire

Dataminr Pulse Expands to Offer AI-powered Risk Management Capabilities

PR Newswire