October 22, 2024: Socket Secures $40M to Enhance Software Security - Socket, founded by Feross Aboukhadijeh, raised $40 million to improve open source software security. The startups scanner detects vulnerabilities in code dependencies, crucial as more companies rely on open-source components. Integrating AI from Anthropic and OpenAI, it generates vulnerability summaries and checks licensing. Socket reports detecting over 100 zero-day attacks weekly and is backed by notable investors including Andreessen Horowitz. With plans to expand its team, Socket aims to address new AI-driven security challenges while protecting over 7,500 organizations and supporting over 1 million developers globally.
