Software supply chain security startup Kusari today announced that it has raised $8 million in combined pre-seed and seed funding.
The seed funding round was led by J2 Ventures and co-led by Glasswing Ventures, with participation from previous investor Unusual Ventures.
The Ridgefield, Connecticut-based firm was founded in 2022 by members of the Open Source Security Foundation (OpenSSF) and CNCF, who were the original developers of Graph for Understanding Artifact Composition (GUAC), an industry-supported tool for gaining visibility into the supply chain.
GUAC turns software bills of materials (SBOMs) and other supply chain information into knowledge graphs, and Kusari achieved market validation for GUAC in 2023.
Kusari is set to address the lack of transparency into the software supply chain, allowing organizations to evaluate artifacts before use and helping them avoid risky or vulnerable dependencies.
The company’s platform provides actionable insights to reduce incident costs and helps organizations secure their entire software development lifecycle.
The new funding, Kusari says, will help it continue and accelerate the development of its supply chain security solutions.
“Identifying where vulnerabilities lie in your software supply chain is complex and time-consuming. With the ever-increasing number of vulnerable packages discovered each year, organizations need a single source of truth about their code. Kusari will be that source of end-to-end transparency and will bring about insights for users to drive more secure outcomes for their organizations,” Kusari co-founder and CEO Tim Miller said.
Related: The SBOM Bombshell