Socket is a San Francisco, CA-based operator of a cybersecurity platform intended to protect companies from software supply chain attacks. The company’s platform uses sockets to help secure software applications and critical services against malware. It provides visibility, defense-in-depth, and proactive supply chain protection for JavaScript and Python security threats, enabling companies to reduce security risks.
Socket was funded $40 million was led by Abstract Ventures, with participation from Elad Gil, Andreessen Horowitz (a16z), and a 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 Lütke (Shopify), among others.
The investment will expand Socket’s engineering and research teams, enhance AI capabilities, and scale its operations globally.
The increasing reliance on open-source software in application development has significantly expanded the attack surface for malicious actors. Socket’s platform seeks to address this issue by providing developers with tools to detect and remediate vulnerabilities in real-time. Its primary focus is supply chain security, which has garnered attention due to high-profile incidents like the SolarWinds attack and Log4j vulnerabilities.
Socket leverages artificial intelligence (AI) and advanced algorithms to scan software packages for potential vulnerabilities, suspicious behavior, and dependency issues. Its approach goes beyond traditional scanning by analyzing known vulnerabilities and detecting emerging threats. The platform integrates into developer workflows, offering proactive security insights without disrupting productivity.
With the new funding, Socket plans to introduce more features tailored to enterprise customers, such as compliance tracking and enhanced reporting tools. The company also aims to expand partnerships with software development platforms and foster collaborations with the open-source community.
Socket’s new funding round underscores the increasing importance of cybersecurity in software development. The company is poised to become a key player in the fight against software vulnerabilities by combining cutting-edge technology with a developer-centric approach. As cyber threats evolve, solutions like Socket’s will remain essential in protecting the integrity of software ecosystems.
By: K. Tagura
Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.
Rss Feed
