Socket, a startup focused on detecting vulnerabilities in open source code, has raised $40 million in its latest funding round. The company aims to address the growing risks associated with software supply chain security, with a staggering 88% of businesses acknowledging these risks as enterprise-wide threats. Founded by Feross Aboukhadijeh in 2020, Socket's tools integrate seamlessly into developer workflows, providing real-time alerts on security issues. With this funding, Socket plans to expand its team and enhance its services to protect over 300,000 code repositories, as demand for open-source security solutions continues to rise.