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[Funding News] Lineaje Raises $20 Million Series A Funding

July 31, 2024
By
Team SR
Lineaje, which provides continuous software supply chain security management to companies, has raised $20 million in a Series A funding round led by Prosperity7 Ventures, Neotribe Ventures, and Hitachi Ltd., with participation from Tenable Ventures Inc., Carahsoft Technology Corp., Wipro Ventures, SecureOctane, Alumni Ventures Group, and executives at ZScaler Inc., CrowdStrike Holdings Inc., and Trellix Inc.

Lineaje, which provides continuous software supply chain security management to companies, has raised $20 million in a Series A funding round led by Prosperity7 Ventures, Neotribe Ventures, and Hitachi Ltd., with participation from Tenable Ventures Inc., Carahsoft Technology Corp., Wipro Ventures, SecureOctane, Alumni Ventures Group, and executives at ZScaler Inc., CrowdStrike Holdings Inc., and Trellix Inc.

Read also – [Funding News] Perchwell Secures $25 Million Series B Funding

“This funding marks a pivotal moment for Lineaje as we spearhead the global transformation in software supply chain security and management,” said Chief Executive Javed Hasan. He added that a key focus for the funding will be to advance Lineaje AI capabilities “to deliver known, secure open-source software to organisations, dramatically reducing enterprise software maintenance investments.”

Read also – [Funding news] Traveltech startup Faye Secures $31Million in Series B Round Funding

Your software supply chain contributes 95% of your digital risk. 56% of vulnerabilities and the vast majority of risks you source are never fixed, exposing your organisation to cyber-attacks. Your software developers cannot fix what they did not build, even if you assign it to them!

About Lineaje

Founded in 2021, California-based Lineaje provides continuous software supply chain security management to companies that build or use software. Destructive supply chain attacks, undetectable by existing cybersecurity tools, are growing dramatically, impacting thousands of companies with one compromise. From SolarWinds to Kaseya to OSS compromises, these attacks put software and digital brands and their customers at risk. Lineaje secures your company from these attacks.

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