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WhiteSource gets $75 million to fix your buggy open source components

The massive 2017 Equifax hack was done in part by exploiting a critical (though patched) web server vulnerability in Apache Struts, a common and popular form of open source software to creating Java applications. (Equifax) Cybersecurity startup WhiteSource announced it has raised $75 million in Series D funding, highlighting how tech and security investors are increasingly focusing on the open source software security market. The latest investment of $75 million, drawn mostly from Pitango Growth and existing investors M12, Susquehanna Growth Equity, and 83North, is significantly more than the approximately $46 million the company raised combined through previous funding rounds. As part of the deal, Pitango Growth managing partner Isaac Hillel will join WhiteSource’s board of directors.

Open source needs security too: WhiteSource raises $75M with a solution

Open source needs security too: WhiteSource raises $75M with a solution Israeli startup WhiteSource develops open source security and management software and has raised $125M to date Yaneev Avital / 8 Apr 2021 • 1 min read WhiteSource, an Israeli AppSec startup developing open source security and management software, secures $75 million in Series D funding from Pitango Growth. Existing investors M12, Susquehanna Growth Equity, and 83North also participated in the round. Identifying attacks and QA WhiteSource’s product automates the entire open source process, starting from identifying components, alerting to vulnerabilities and providing remediation, through licensing and policy based risk analysis, as well as performing QA.

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