Endor Labs is evolving its focus from securing open-source dependencies to addressing the security challenges posed by AI-generated code, as more than half of organizations report issues stemming from such code. Their platform not only reviews code for vulnerabilities but also provides precise fixes automatically. This shift has garnered impressive funding, highlighted by a recent $93 million Series B round, substantially increasing the company's valuation and positioning it for further growth. CEO Varun Badhwar emphasizes the platform's strong momentum and the need to adapt to changing security demands in software development.
Endor's pivot to combat vulnerabilities in AI-generated code reflects a growing demand in the market for effective security solutions.
The investment of $93 million Series B aims to expand Endor's platform amidst increasing risks associated with AI-produced software.
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