Software supply chain security company Scribe Security has raised $7m from a seed funding round headed by Elron Ventures.
Also participating in the round were various other investment vehicles such as Tal Ventures and YYM Ventures.
Scribe provides an end-to-end software supply chain protection platform designed to provide security throughout the full product lifecycle. The company claims its platform can help organisations build, distribute and maintain internally developed code, while also enabling them to check the authenticity, provenance and reputation of third-party components.
The firm has said it plans to use its new funding to bring its SaaS solution to the market ‘at a time when attacks targeting the software supply chain are on the rise’.
Scribe CEO and co-founder Rubi Arbel said, “Attackers today are experts at identifying hidden opportunities in the software’s delivery life cycle. We protect against software supply chain attacks carried out by dependency manipulation, third-party software components, or during the code-delivery process.”
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Copyright © 2018 RegTech Analyst