Core Insights - Endor Labs has developed tools to scan AI-generated code for vulnerabilities and recently completed a $93 million Series B funding round, bringing total funding to $163 million, with a valuation significantly higher than its Series A round [1][2]. Funding and Growth - The company has 133 employees primarily located in Palo Alto and Bangalore [2]. - CEO Badhwar indicated that the Series B funding allows Endor to continue delivering products despite a challenging macro environment, with annual recurring revenue increasing 30 times since the Series A funding in 2023 [2][5]. - The funding will be used to expand Endor's platform [2]. Market Opportunity - Endor initially focused on protecting open-source package dependencies but shifted its focus to address the growing demand for identifying vulnerabilities in AI-generated code [3]. - The platform not only reviews code and identifies risks but also recommends precise fixes and can automatically apply them [3]. Product Offerings - Endor has launched a tool to help organizations discover where AI models and services integrate with their codebases and assess potential security vulnerabilities [4]. - The company claims to protect over 5 million applications for clients such as OpenAI, Rubrik, Peloton, Snowflake, Egnyte, and Dropbox, conducting over 1 million scans weekly [4]. Industry Context - DFJ Growth's partner Ramin Sayar noted that Endor is positioned well as generative AI changes coding practices, creating a need for visibility and control in code generation [6].
速递|Endor Labs获9300万美元B轮融资,估值翻数倍,AI代码安全赛道成新战场
Z Potentials·2025-04-24 03:10