Socket Raises $60 Million at $1 Billion Valuation
The company will invest in its firewall, certified patches, protection extensions, new products, and team expansion. The post Socket Raises $60 Million at $1 Billion Valuation appeared first on SecurityWeek.
Supply chain protection provider Socket has announced raising $60 million in a Series C funding round that brings the total raised by the company to $125 million and its valuation to $1 billion.
The new investment round was led by Thrive Capital, with additional support from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures.
Founded in 2020, California-based Socket has built a platform that analyzes open source dependencies to identify malicious behavior before affecting enterprise products.
Source: https://www.securityweek.com/socket-raises-60-million-at-1-billion-valuation/
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