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Home›Tech News›Lineaje raises $20M to help organizations combat software supply chain threats

Lineaje raises $20M to help organizations combat software supply chain threats

By Matthew Lynch
August 1, 2024
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SAN FRANCISCO, CA – [Date] – Lineage, a leading provider of software supply chain security solutions, today announced it has raised $20 million in Series A funding led by [Name of Lead Investor] with participation from [List of Other Investors]. The funding will be used to accelerate product development, expand its go-to-market efforts, and further enhance its commitment to helping organizations build secure and resilient software supply chains.

Software supply chains are becoming increasingly complex and vulnerable to attacks, as demonstrated by recent high-profile incidents like the SolarWinds hack and the Log4j vulnerability. These attacks highlight the urgent need for robust security solutions to protect organizations from malicious actors who target vulnerabilities within software development and distribution processes.

Lineage’s platform provides comprehensive software supply chain security solutions, including:

 Automated Software Composition Analysis (SCA): Identifies and prioritizes vulnerabilities in open-source components.

 Vulnerability Management: Tracks and remediates vulnerabilities across the entire software development lifecycle.

 Software Bill of Materials (SBOM): Generates detailed and comprehensive SBOMs for all software applications.

 Policy Enforcement: Enforces security policies and best practices to ensure the integrity of software supply chains.

“The rise of software supply chain attacks is a serious threat to organizations of all sizes,” said [Name], CEO of Lineage. “Our mission is to empower organizations with the tools they need to build secure and resilient software supply chains. This funding will enable us to accelerate our mission and bring our solutions to more organizations around the world.”

“[Quote from the lead investor],” added [Name of Investor], [Title] at [Name of Investor]. “We are excited to partner with Lineage as they address this critical issue facing the software industry. Their innovative approach to software supply chain security is truly groundbreaking.”

Lineage’s solution is designed to be easy to use and integrates seamlessly with existing development workflows. It enables organizations to:

Proactively identify and mitigate software supply chain risks.

Improve software security posture and reduce the likelihood of attacks.

Meet compliance requirements and enhance customer trust.

The company has already gained traction with a number of high-profile customers across various industries. This new funding will allow Lineage to expand its reach and help more organizations secure their software supply chains.

About Lineage

Lineage is a leading provider of software supply chain security solutions. The company’s mission is to help organizations build secure and resilient software supply chains. Lineage’s platform offers a comprehensive suite of tools and services, including automated SCA, vulnerability management, SBOM generation, and policy enforcement. For more information, please visit [Website Address].

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Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

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