• The rest of the interface resembles a Twitter clone, with one side panel containing access to the Inbox, alerts, and Notes, and the other panel on the far side including recommendations for artists to follow.
• Notes makes a lot of sense, but it’s unlikely that many creators will abandon Twitter.

Recently, Substack Inc. unveiled Notes, a platform that closely resembles Twitter. It allows Substack authors to communicate with subscribers.

There are just linguistic distinctions. Users write and post notes rather than tweets. A restack exists, but there is no such thing as a retweet. Most of the interface resembles Twitter like a clone, with one side panel containing access to the Inbox, alerts, and Notes, and the other panel on the far side including recommendations for artists to follow. The news feed is in the central pane.

The company wrote in a post. “You can share links, images, quick thoughts, and snippets from Substack posts. As well as being lightweight and fun, we hope that Notes will help writers grow their audience and revenue.”

Last week, Elon Musk was accused of attempting to prevent Substack creators from making a livelihood when any tweet containing a link to Substack lost functionality. During this time, Substack had just announced Notes. Many believed that Musk was up to his old tactics again, crushing his competition.

Matt Taibbi, one of the most well-known architects of Substack, was not delighted. Taibbi was among the writers who collaborated with Twitter to publish “The Twitter Files.” He stated at the time that he would depart Twitter if the chaos was not resolved, just as Musk was being called a “bully” by innumerable individuals. It is unknown why Twitter reversed its decision, but it did.

Substack tweeted that, “We’re glad to see that the suppression of Substack publications on Twitter appears to be over. We believe that Twitter and Substack can continue to coexist and complement each other.” Although Notes resembles Twitter in appearance, one could argue that such a design is now generic. Substack reiterated in a separate post that Notes was not intended to replace existing social networks.

It is undeniable that the 35 million active subscribers and 2 million paid subscribers of Substack exist in a rarefied universe where users get updates about new content but there is no actual place to see people interacting on the website. Notes makes a lot of sense, but it’s unlikely that many creators will abandon Twitter.

Hamish McKenzie, Co-founder of Substack, stated over the weekend that the company was simply attempting to give creators more control over their work in a social media-dominant world.  Hamish McKenzie said, “Substack may be a small upstart, but the combined power of the writers on it is already tremendous. If enough of us choose to play this new game, it will work, and there’s nothing anyone will be able to do to stop it.”

• Descope offers a “developer-friendly” service that facilitates developers to incorporate passwordless verification to any application with just a few lines of code through several ways of integration.
• The platform also enables access control and single sign-in for enterprises as well as identity management and validation merging for users.

Descope Inc., a passwordless validation company announced raising a whopping USD 53 million amount in the seed funding round led by GGV Capital and Lightspeed Venture Partners for its platform that enables developers to integrate apps’ authorization and user management.

Descope offers a “developer-friendly” platform that facilitates developers to incorporate passwordless verification to any application with just a few lines of code through several ways of integration, such as software development kit, no-code/low-code, and Application Programming Interfaces (APIs).

All these are developed to provide developers a medium to coordinate and easily deploy user authentication over any application they create without spending resources and time to build their own.

Slavik Markovich, Chief Executive and Co-founder of Descope, argued that passwords exhibit one of the tedious parts of user experience. From his own experience of building organizations, he stated that user authentication process for any application is never complete and becomes the functioning principle for the company.

“We have built authentication and user management in-house for both business and consumer apps in our past lives. Every time, what started out as a sprint line item turned into a multi-year investment, taking our focus away from what we were meant to do. Our vision is to ‘de-scope’ authentication from every app developer’s daily work, so they can focus on business-critical initiatives without worrying about building, maintaining or updating authentication,” added Markovich.

The major concern is that password has been a resource sink for developers and a sensitive and vulnerable target aspect of failure for users. Besides, it is difficult to set complex passwords according to the requirement and also easy to skip off the mind. Hackers and scammers trap users into revealing out via social engineering or phishing attacks. In case of developers, the resources required for single sign-in, access controls, compliance, and role management might take weeks to create in-house.

Asking users to set complex passwords worsens the scenario. This makes them prefer password managers to store and recall. One of the largest digital free password managers, LastPass, recently made headlines close to December for being scammed and facing security issues tracing all the way back to 2015.

The savior part is now there are multiple open standards available in the market that are user-friendly and safe and offer passwordless authentication, for instance, services such as WebAuthn and FIDO2. Moreover, even smartphones are laying foundation for passwordless feature with passkeys that enable users to unlock their Apple or Google device for login authentication.

George Kurtz, Chief Executive and Co-founder of cybersecurity firm Crowdstrike, mentioned that, “Eighty percent of the attacks or compromises we see involve some form of identity or credential theft. With the rapidly changing nature of modern application development, builders need to care deeply about safeguarding identity and limiting authentication vulnerabilities.”

With the help of Descope’s platform, developers can easily and immediately deploy passwordless authentication to any application through several methods such as WebAuthn biometrics, magic links, social logins, and authenticator apps. The platform also enables access control and single sign-in for enterprises as well as identity management and validation merging for users.

Developers can use this free and generally available platform in their applications for 50 tenants of business apps or up to 7,500 monthly active users for customer-facing apps.

• Descope offers a “developer-friendly” service that facilitates developers to incorporate passwordless verification to any application with just a few lines of code through several ways of integration.
• The platform also enables access control and single sign-in for enterprises as well as identity management and validation merging for users.

Descope Inc., a passwordless validation company announced raising a whopping USD 53 million amount in the seed funding round led by GGV Capital and Lightspeed Venture Partners for its platform that enables developers to integrate apps’ authorization and user management.

Descope offers a “developer-friendly” platform that facilitates developers to incorporate passwordless verification to any application with just a few lines of code through several ways of integration, such as software development kit, no-code/low-code, and Application Programming Interfaces (APIs).

All these are developed to provide developers a medium to coordinate and easily deploy user authentication over any application they create without spending resources and time to build their own.

Slavik Markovich, Chief Executive and Co-founder of Descope, argued that passwords exhibit one of the tedious parts of user experience. From his own experience of building organizations, he stated that user authentication process for any application is never complete and becomes the functioning principle for the company.

“We have built authentication and user management in-house for both business and consumer apps in our past lives. Every time, what started out as a sprint line item turned into a multi-year investment, taking our focus away from what we were meant to do. Our vision is to ‘de-scope’ authentication from every app developer’s daily work, so they can focus on business-critical initiatives without worrying about building, maintaining or updating authentication,” added Markovich.

The major concern is that password has been a resource sink for developers and a sensitive and vulnerable target aspect of failure for users. Besides, it is difficult to set complex passwords according to the requirement and also easy to skip off the mind. Hackers and scammers trap users into revealing out via social engineering or phishing attacks. In case of developers, the resources required for single sign-in, access controls, compliance, and role management might take weeks to create in-house.

Asking users to set complex passwords worsens the scenario. This makes them prefer password managers to store and recall. One of the largest digital free password managers, LastPass, recently made headlines close to December for being scammed and facing security issues tracing all the way back to 2015.

The savior part is now there are multiple open standards available in the market that are user-friendly and safe and offer passwordless authentication, for instance, services such as WebAuthn and FIDO2. Moreover, even smartphones are laying foundation for passwordless feature with passkeys that enable users to unlock their Apple or Google device for login authentication.

George Kurtz, Chief Executive and Co-founder of cybersecurity firm Crowdstrike, mentioned that, “Eighty percent of the attacks or compromises we see involve some form of identity or credential theft. With the rapidly changing nature of modern application development, builders need to care deeply about safeguarding identity and limiting authentication vulnerabilities.”

With the help of Descope’s platform, developers can easily and immediately deploy passwordless authentication to any application through several methods such as WebAuthn biometrics, magic links, social logins, and authenticator apps. The platform also enables access control and single sign-in for enterprises as well as identity management and validation merging for users.

Developers can use this free and generally available platform in their applications for 50 tenants of business apps or up to 7,500 monthly active users for customer-facing apps.

• Previous year, Qualcomm unveiled first 5G chip of the industry that integrates an onboard AI processor.
• According to the company, Snapdragon X75 is developed to get compatible with 5G Advanced, a future version of the 5G standard.

Qualcomm Inc. launched latest 5G modem chip, Snapdragon X75 that will likely support the next-gen flagship smartphones.

Qualcomm has been a key supplier of networking chips in the mobile industry. The 5G modems of the company can be found in Android flagship handsets such as Galaxy S23 series debuted this month by Samsung Electronics Co. Ltd as well as Apple Inc.’s iPhones. Besides, the company’s modems are also finding applications in smart cars.

In the previous year, Qualcomm had unveiled the first 5G chip of the industry that integrates an onboard AI processor. It runs AI algorithms that voluntarily optimize the connection speed of a handset and lower the internet outage risk.

The latest Snapdragon X75 modem represents an advanced version of this technology. Qualcomm claims the new onboard AI processor is over 2.5X faster than the one launched last year. Even the algorithm running on the processor has been improved. It makes use of sensory data from user’s handset while determining the best optimization of 5G connections.

Compact antennas are used by mobile modems for sending and receiving the 5G signals. With Snapdragon X75, Qualcomm is launching a streamlined design of antenna that it claims to reduce power consumption and hardware cost. Even the software optimizations are integrated by the company that are likely to enhance internet coverage at places such as airports.

According to the company, Snapdragon X75 is developed to get compatible with 5G Advanced, a future version of the 5G standard. This technology, which is anticipated to emerge in the coming years, will likely lower the internet outage risk and enhance data upload speed. It will partly support certain enhancements with the help of artificial intelligence to optimize the network infrastructure of carriers.

The Snapdragon X75 also powers the Qualcomm Satellite technology. As per the chipmaker, it will facilitate handsets to connect to the internet satellite constellations.

Durga Malladi, Sr. Vice President and General Manager of infrastructure and cellular modems at Qualcomm, said “Snapdragon X75 Modem-RF System demonstrates the full breadth of our global 5G leadership, with innovations such as hardware accelerated AI and the support for upcoming 5G Advanced capabilities, which unlock a whole new level of 5G performance and a new phase in cellular communications.”

Apart from smartphone developers, Qualcomm also supplies networking chips to the wireless carriers. In 2021, the company launched 5G DU X100 Accelerator Card, a computing module to power 5G cell towers. The module relieves analytically intensive network management operations from servers of cell towers to enhance the performance.

• The cloud-based platform of Netlify is developed for web development projects and houses all the developers’ requisites.
• Netlify stated that it chose Gatsby due to its Valhalla Content Hub.

Netlify Inc., a front-end web development startup, acquires its competitor Gatsby Inc., the company that developed the open-source GatsbyJS framework. The amount involved in the acquisition is yet to be disclosed.

Despite raising a total fund of USD 46.8 million, Gatsby found it difficult to achieve the feat like its competitors, Netlify and Vercel Inc.

Netlify is a huge and prominent player in the web development domain, with key enterprises in its customer portfolio, such as Verizon Communications Inc., Twilio Inc., ServiceNow Inc., Mattel Inc., Box Inc, and over three million developers using its platform. The company is also the creator of the popular ‘JAMstack’ movement that represents JavaScript, Application Programming Interface (API), and Markup.

The cloud-based platform of Netlify is developed for web development projects and houses all the developers’ requisites, such as test servers for validating code updates, production servers, deployment pipelines for pushing updates, and a content delivery network, embedded into a single platform. Earlier, developers had to set these elements up all by themselves.

The ability to integrate with code hosting services such as GitHub has been one of the key features of Netlify. It has become simpler for developers to associate Netlify with the code repository of the project and transform files into a functioning website with limited commands.

Chris Bach, president, and co-founder of Netlify, said, “A platform like Netlify is all about simplification. Now you just have to maintain your content and you don’t have to worry about all of the different environments, what is up-to-date and what the infrastructure looks like.

Gatsby, offering similar features through GatsbyJS framework, is another player in JAMstack market. However, the company’s platform falls short of a content delivery network.

Announcing the acquisition in its press release, Netlify stated that it chose Gatsby due to its Valhalla Content Hub. It is a centralized data layer that enables users to make multiple data sources accessible through a unified GraphQL API.

Netlify added in the announcement that Gatsby’s platform provides an ecosystem of “high-quality content management system plugins.” The company’s cloud platform can create, deploy, and preview content sites of large enterprises. Besides, it is remarkable to note that Gatsby is surging its revenue at a rate of over 100% year-over-year.

Matt Billmann, co-founder and chief executive of Netlify, detailed that the framework of Gatsby has been successful with midmarket enterprises and companies that generally build content-rich websites with thousands of pages. He also mentioned that the platform of Gatsby manages a number of websites where “the content comes not neatly from just one API, but often from a few different content sources.”

In the press release of Netlify, Billmann stated that the company can now offer developers more choice and flexibility to build composable web experiences after the acquisition of Gatsby. “The future of the web is composable architectures,” he quoted and added that he is eyeing to “open up Gatsby’s content hub and source plugin ecosystem to the diverse world of modern front-end frameworks like Astro, Next and Remix.”

Kyle Matthews, co-founder of Gatsby, reported in a blog post that Netlify will continue investing in the GatsbyJS framework. The firm is also planning to incorporate most of its Cloud features into Netifly, such as Valhalla Content Hub. “We share a belief in the future of composable architecture, and together, we will better be able to bring our cloud solution to enterprise teams and accelerate the adoption of composable,” Matthews added.

Moreover, Netlify assured to value the commitment of Gatsby to open source, entailing that it will supervise the open-source project of Gatsby. It has been planned that Gatsby’s maintainers would join the open source group of Netlify, along with the developers of frameworks such as Eleventy and Solid JS.

• Beaconstac’s platform lets businesses use QR codes to engage customers in a consistent pattern for managing and tracking them.
• QR codes can drive engagement and personalization with products or advertisements on vehicle screens, product packaging, billboards, building, and shopping bags.

Beaconstac, a QR code customer engagement platform, announced it has raised USD 25 million in Series A funding led by the company Telescope Partners and with active participation from Accel.

The company plans to develop its subscription-based service further to build a team and allow more use cases for the technology. To date, everyone has encountered the Quick Response (QR) code, read by a phone that triggers an app or opens a website. Businesses are using them to increase engagement with products or commercials so that customers can get more information.

With the help of the Beaconstac platform, businesses can use QR codes to engage customers in a consistent manner by providing a way to make, manage and track them. The company offers a software-as-a-service solution for companies to handle and track their QR codes at scale.

Ravi Pratap, co-founder, and CTO of Beaconstac, said in an interview that QR codes are rapidly becoming more useful across both consumer and enterprise use cases, especially in the last three years. According to Business Insider statistics, QR code usage in the U.S. is expected to reach 99.5 million by 2025.

In the past 12 months, the company has helped create and track over 1.8 million QR codes being scanned over 150 million times by customers. The company expects that this will accelerate as more QR codes are deployed.

Beaconstac has a strong clientele of 25,000 businesses and brands across over 100 countries. It includes giants such as Revlon, Nestle, FedEx, and the popular hotel chain Marriott.

Although QR codes have been around since 1994, Pratap said they hadn’t started to take off in the mainstream until the last three years. It is all because smartphones are now capable of putting QR code scanners into phone cameras and increasing awareness of them by the general public. The pandemic also played a big role in building awareness, but now that it is beginning to slow, it is no more a driving factor.

For businesses, QR codes can increase engagement and personalization as well as improve consumer interaction with commercials or products, such as those on TV, billboards, product packaging, store shelves, shopping bags, stores, and vehicles Restaurants have also used QR codes to build contactless menus so that customers can view their selections on their smartphones and pay at kiosks. Using QR codes, people can also have digital business cards.

There are several less standard use cases for QR codes that Beaconstac can assist with are also useful. For example, the elevator maker Otis Worldwide Corp. Uses QR codes inside its elevators to allow its maintenance workers to upload digital manuals. It is useful as service technicians used to have to carry cumbersome physical manuals for every different elevator model with them to each service call. Using QR codes, they can simply scan the part or elevator and have an appropriate manual pop-up.

Pratap said the company intends to use the funding to build out its team, which is currently 75 people, to increase its product development and expand its global reach.

Currently, Beaconstac has offices in New York and Bangalore, India, but plans to double its workforce in 2023, especially in marketing and sales, to reach a wider audience.

Experts’ Talk

“We call this customer engagement for the physical world because QR codes are in the physical world and someone is choosing to engage with their smartphone camera by scanning the QR code,” said Pratap.

“In a world where touchpoints between brand and consumer have grown exponentially, there is a pressing need for frictionless technology that meets consumers on and offline and QR codes are rising to the challenge,” said Beaconstac Chief Executive Sharat Potharaju.

• 62% of 140 SREs and DevOps Practitioners who were surveyed want to clarify their Application and Infrastructure Ownership after Code release.
• Site Reliability Engineers (SREs) and Operations Professionals prefer this path, according to the newly published Sentry and SlashData data.

Increasingly, modern firms are adopting a “you built it, you own it” approach inside their engineering departments. According to newly disclosed statistics from Sentry and SlashData, site reliability engineers (SREs) and operations professionals favor this road ahead. Following code deployment, 62% of the 140 SREs and DevOps Practitioners questioned, have expressed the desire for a more apparent distinction between Application and Infrastructure Ownership.

74% of respondents cited hunting down people to handle Application difficulties as the most time-consuming. In contrast, 64% of respondents agreed that their business should devote more time to identifying and repairing Infrastructure weaknesses.

There’s Much to Lose: Dropping Customers And Limiting Productivity

Enterprises must do this right, as making reactive efforts to fix application failures can have a disastrous effect on the bottom line. Customers are likewise eager to switch to competitors when they are repeatedly inconvenienced.

Almost half of the SRE/DevOps practitioners questioned for ‘Sentry’s Infrastructure vs. Applications Report’ reported that application difficulties result in increased time spent on customer support, which substantially impacts the productivity of SRE/DevOps teams. 30% of SRE/DevOps practitioners say that their teams lose more than one person-worth months of productivity annually due to application difficulties.

For contemporary businesses to run more efficiently, decentralization is the optimal strategy. Although 52% of respondents now work in a decentralized environment, more than half of those polled by Sentry desire that each department has greater autonomy and control over their settings and the appropriate tools for their team.

The Methodology

Sentry and SlashData questioned 140 site reliability engineers (SREs) and DevOps practitioners from firms with more than 50 workers and active software applications in production.

• 62% of 140 SREs and DevOps Practitioners who were surveyed want to clarify their Application and Infrastructure Ownership after Code release.
• Site Reliability Engineers (SREs) and Operations Professionals prefer this path, according to the newly published Sentry and SlashData data.

Increasingly, modern firms are adopting a “you built it, you own it” approach inside their engineering departments. According to newly disclosed statistics from Sentry and SlashData, site reliability engineers (SREs) and operations professionals favor this road ahead. Following code deployment, 62% of the 140 SREs and DevOps Practitioners questioned, have expressed the desire for a more apparent distinction between Application and Infrastructure Ownership.

74% of respondents cited hunting down people to handle Application difficulties as the most time-consuming. In contrast, 64% of respondents agreed that their business should devote more time to identifying and repairing Infrastructure weaknesses.

There’s Much to Lose: Dropping Customers And Limiting Productivity

Enterprises must do this right, as making reactive efforts to fix application failures can have a disastrous effect on the bottom line. Customers are likewise eager to switch to competitors when they are repeatedly inconvenienced.

Almost half of the SRE/DevOps practitioners questioned for ‘Sentry’s Infrastructure vs. Applications Report’ reported that application difficulties result in increased time spent on customer support, which substantially impacts the productivity of SRE/DevOps teams. 30% of SRE/DevOps practitioners say that their teams lose more than one person-worth months of productivity annually due to application difficulties.

For contemporary businesses to run more efficiently, decentralization is the optimal strategy. Although 52% of respondents now work in a decentralized environment, more than half of those polled by Sentry desire that each department has greater autonomy and control over their settings and the appropriate tools for their team.

The Methodology

Sentry and SlashData questioned 140 site reliability engineers (SREs) and DevOps practitioners from firms with more than 50 workers and active software applications in production.

• 60% of IT executives, according to a recent survey from Torii, do not know which cloud applications are utilized by everyone in their firm.
• According to the paper The State of SaaS in the Workplace: Cooperation in a Dispersed Workplace, this lack of collaboration may result from distributed app ownership and the accompanying information silos.

60% of IT executives, according to a recent survey from Torii, do not know which cloud applications are utilized by everyone in their firm. Although software-as-a-service (SaaS) has permanently altered how we operate – remotely and distributedly – the way people collaborate has not kept up. It is more dispersed than ever before. But few individuals, especially IT leaders, are aware of this.

There is a significant discrepancy between how effectively IT believes they comprehend their cloud app ecosystems and collaborate with other departments and the actual state of affairs. Despite the fact that 90% of IT leaders commended their cross-team cooperation, only 20% collaborate regularly. That is insufficient to maximize the value of their SaaS investments.

According to the paper The State of SaaS in the Workplace: Cooperation in a Dispersed Workplace, this lack of collaboration may result from distributed app ownership and the accompanying information silos. IT teams do not possess the crucial data that other groups require to minimize expenses or function more efficiently.

Security risks that come with SaaS apps

Everyone is affected when collaboration is not a given and there is no single credible source of truth. For example, just 7% of IT collaborates consistently with security and/or compliance teams to assist them in identifying and de-risk shadow IT. This means that security and compliance are constantly in reactive mode, dealing with threats posed by apps they didn’t know existed and pursuing data for audits.

Other studies suggest that knowledge workers waste time hunting for existing SaaS applications within their organization’s ecosystem. Purchasing is frequently caught off guard by contract renewals.

This is mostly due to employees picking and buying their own tools. In today’s cloud-powered workplaces, IT staff must move from a command-and-control mentality to that of an orchestrator and maybe a team coach. IT teams and SaaS stakeholders throughout the organization must proactively manage dispersed cloud apps and expenditures or suffer the repercussions.

• The platform of Endor Labs offers security and development teams an unmatched awareness of how dependencies are used throughout an enterprise.
• Endor Labs assists clients in selecting superior dependencies, securing, monitoring, and maintaining them at scale, and responding rapidly to problems such as Log4j.

Endor Labs stepped out of stealth mode and launched its Dependency Lifecycle Management Platform, which helps development and security teams maximize software reuse by reviewing, managing, and upgrading dependencies securely.

Developers directly download more than 40,000 open-source dependencies on average at an organization. Each of these dependents can bring in an average of 77 other (transitive) dependencies, resulting in an unmanageable sprawl that delays development and enhances the attack surface in numerous dimensions.

The current environment lacks suitable methods to address this issue. Software Composition Analysis (SCA) tools, for instance, lack context regarding how developers use dependencies. As a result, they inundate developers with many false positives and lose opportunities to encourage better OSS selection, prioritize cleanup, and detect dangerous dependencies.

Varun Badhwar, co-founder and CEO, said, “Eighty percent of the code in modern applications is code your developers didn’t write but depend on through open-source packages. When our founding team was leading the Prisma Cloud engineering group at Palo Alto Networks, we realized the true magnitude of this issue. Having previously created the Cloud Security Posture Management (CSPM) category, this team knows how to take on next-generation threats. Our mission is to enable OSS to live up to its true potential without introducing unnecessary risk. It’s exciting to take a new market approach again, and we believe these solutions will radically enhance application development everywhere.”

The platform of Endor Labs offers security and development teams an unmatched awareness of how dependencies are used throughout an enterprise. In addition, by conducting in-depth analytics on each OSS dependency, Endor Labs identifies potential security and operational concerns beyond known vulnerabilities. Endor Labs assists clients in selecting superior dependencies, securing, monitoring, and maintaining them at scale, and responding rapidly to problems such as Log4j. Customers can also develop and evaluate accurate SBOMs and have a single source of truth for their complete software inventory when they have a comprehensive grasp of their dependency tree.

This lifecycle approach to dependency management makes it easier for an organization to reuse software. The outcome is greater productivity for the development and security teams and a substantial reduction in supply chain risk.

Rachit Lohani, SVP and chief technology officer of Paylocity, said, “Dependency Lifecycle Management is going to be foundational for supply chain and open-source security. With Dependency Lifecycle Management, Endor Labs sets an entirely new standard by which organizations can prioritize and zero in on the most significant security and operational issues that tend to slow down application development.”

Funding

Additionally, the firm announced that it had secured USD 25 million in initial funding from Lightspeed Venture Partners, Dell Technologies Capital, Sierra Ventures, and several industry leaders who appreciate the magnitude of the challenge Endor Labs is addressing. This includes CEOs and executives from Microsoft, Palo Alto Networks, Zoom, Snowflake, Zscaler, Netskope, Rubrik, Databricks, and others.

Arif Janmohamed, Partner at Lightspeed Venture Partners, said, “Endor Labs serves a critical need — while open-source software development continues to grow, the way OSS dependencies and their influence on supply chain risk is managed today hinders development and leaves both engineering and security teams frustrated. They have carved out a massive and underserved market and assembled a world-class team to take on this challenge. These are exactly the qualities we seek to add to our portfolio, and we look forward to a long and productive relationship with Endor Labs.”

Deepak Jeevankumar, managing director at Dell Technologies Capital, said, “This team has a proven track record of being early to identify industry-wide cyber challenges that accompany fundamental big shifts in enterprise technologies. Just as the F500 began migrating to the cloud en masse, Varun co-founded RedLock to build cloud-specific security solutions for them. Now, as the efficiencies of open-source software give way to hard-to-track/manage complexities, Endor Labs is building the platform to secure the code those same businesses depend on. We’re honored with the opportunity to gain back Varun along with Dimitri and the team they’ve built.”

James Governor, the co-founder of RedMonk, said, “Software development organizations are struggling with software dependencies, a major threat vector preventing the development and maintenance of secure software, particularly with today’s need for application velocity. Automated tools are needed to enable teams to work effectively. Endor Labs is designed to automate governance and improve visibility in an era of industrialized software reuse.”

Over 75 significant corporations have given feedback that has been subsumed into the product presently in private beta, with firms ranging from 200 to 35,000 employees.