MEDIUMSupply Chain
Global
Socket Raises $60M for Wider Software Supply-Chain Defense
·Source: Bank Info Security
Updated:
Executive Summary
Funding at $1B Valuation Will Expand Controls Across Developer and AI Ecosystems Socket raised $60 million in a Thrive Capital-led Series C at a $1 billion valuation to expand its supply-chain security platform beyo
Analysis
Funding at $1B Valuation Will Expand Controls Across Developer and AI Ecosystems Socket raised $60 million in a Thrive Capital-led Series C at a $1 billion valuation to expand its supply-chain security platform beyond package managers as AI coding tools increase enterprise exposure to malicious dependencies, browser extensions and developer tooling.