Endor Labs Secures $93M to Enhance AI Code Security Solutions

Endor Labs Secures $93M to Enhance AI Code Security Solutions
Endor Labs has pivoted from securing open-source dependencies to addressing vulnerabilities in AI-generated code, responding to a growing market need. The startup announced a successful $93 million Series B funding round led by DFJ Growth, with contributions from several notable investors. This funding will help expand their platform, which currently protects over 5 million applications and conducts more than a million scans weekly. Endor’s CEO, Varun Badhwar, highlighted the company's impressive 30x growth in annual recurring revenue since their Series A. The investment is aimed at meeting the rising demand for better security in AI coding practices.