Software supply chain security solutions provider Endor Labs on Wednesday announced raising $93 million in Series B funding, as well as a major expansion of its AppSec platform.
The funding round was led by DFJ Growth, with participation from Salesforce Ventures, Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and Citi Ventures. The investment will support the expanded AppSec platform.
Endor Labs previously raised $70 million in a Series A funding round and more than $25 million in seed funding.
Endor Labs — like many other cybersecurity firms — has started harnessing the power of AI. The latest platform update adds dedicated application security AI agents designed to review code, identify risks, and recommend fixes.
According to the company, AI agents review every pull request for architectural changes that could have security implications, including the addition of vulnerable AI systems, authentication or authorization changes, the introduction of new API endpoints, cryptographic implementation changes, and sensitive data handling modifications.
“We’re in the middle of the software development revolution. Until recently, 80% of code came from open source. Moving forward, 80% will be generated by AI. That future isn’t far off—it’s already reshaping how software gets built today, ” said Varun Badhwar, co-founder and CEO of Endor Labs.
“Everyone’s building AI agents, but most are just wrappers around LLMs. What makes our agents powerful is the data underneath. We’ve spent years building the security dataset the industry needs to make AI actually useful for AppSec teams,” Badhwar added.
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