- This additional round brings WhiteSource’s total funding to $121.2 million
- The company was founded to provide a platform for collaborative open source security at scale
WhiteSource has announced that it has raised $75 million in Series D funding led by Pitango Growth, with participation by existing investors M12, Susquehanna Growth Equity, and 83North. This additional round brings WhiteSource’s total funding to $121.2 million.
Rami Sass, Co-Founder and CEO of WhiteSource said, “Application security needs have gone beyond just detection to include continuous prioritization and prevention, as demonstrated by recent software supply chain attacks. This investment brings us closer to creating a future where the cycle of application delivery is always a step ahead of any security risk, and where developers are easily equipped with code they can trust.”
Collaborative open source security at scale
WhiteSource has offices in the U.S., UK, and Israel. The company was founded to provide a platform for collaborative open source security at scale. The company was founded to provide a platform for collaborative open source security at scale. Using WhiteSource’s platform, organisations reduce up to 85 per cent of security alerts by prioritising vulnerabilities, and auto-remediating them using community-verified fixes.
Isaac Hillel, Managing Partner at Pitango Growth, who will also be joining the WhiteSource Board of Directors said, “WhiteSource has established the standard for open-source security. We are excited to support them as they strengthen their leadership and expand their platform to a complete application security solution. We have been watching their growth with great interest, and we are excited to partner with them as they embark upon their next chapter of industry leadership.”