Socket, the leading platform for protecting against software supply chain threats, has raised $40 million in a Series B funding round led by Abstract Ventures. This latest capital infusion brings Socket’s total funding to $65 million and accelerates its mission to modernize security for open-source software. Andreessen Horowitz (a16z) and Elad Gil, alongside several high-profile angels, also participated in the round.
With more than 90% of modern software built on open-source components, traditional Software Composition Analysis (SCA) tools have struggled to combat sophisticated supply chain attacks. Socket has emerged as the market leader by identifying malicious behaviors in real-time, such as backdoors, typo-squatting, and obfuscated code, allowing organizations to move from reactive vulnerability patching to proactive threat prevention.
