WhiteSource nabs $35M to track open source code for security vulnerabilities>
Tech Crunch – Ingrid Lunden
Open source software â a $14 billion market â has become a cornerstone for building apps and other IT services, with some 97 percent of developers today using open source components of one form or another in their work. That popularity, however, belies a critical challenge: some of the most ubiquitous open source packages around are rife with vulnerabilities, so using them increases the risk of a security breach. Led by new investor Susquehanna Growth Equity, others in this round include 83North and M12 (formerly known as Microsoft Ventures), both previous backers. WhiteSource is not disclosing its valuation, but a source close to the company tells me itâs in the region of $200 million. The company has raised $46 million to date.
Link: https://techcrunch.com/2018/10/17/whitesource-nabs-35m-to-track-open-source-code-for-security-vulnerabilities/