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Supply Chain Under Siege: $20M In Fresh Funding to Take Down Software Threats

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The War on Software Supply Chain: A Dirty Game of Cat and Mouse

Did you know that over half of organizations have been victimized by software supply chain attacks, with 54% being repeatedly attacked within the past year? And did you know that the global economy will hemorrhage a staggering $81 billion in lost revenue and damages by 2026 due to these attacks? The software supply chain is a ticking time bomb, and the White House has finally woken up to the fact that this is a national security crisis.

Lineaje: The New Kid on the Block

In the midst of this chaos, a new player has emerged to help detect and mitigate these attacks. Lineaje, a startup founded by Javed Hasan and Anand Revashetti, has just closed a $20 million Series A funding round. But can they really make a difference in a market crowded with rivals like Kusari, Ox Security, Chainguard, Dustico, and Endor?

Defending the Fortress

Lineaje’s CEO, Javed Hasan, boasts that the company has a contract with the U.S. Air Force to support its "Eagle Eyes" anti-terrorism program, as well as relationships with other unnamed federal agencies. This is a bold move, given the sensitive nature of these programs. Will Lineaje’s defense work help them stand out in a crowded market, or will it be a liability in the eyes of their customers?

The Stakes are High

The stakes are higher than ever, as public sector agencies like the U.S. Department of Homeland Security are struggling to keep up with software supply chain attacks. A recent report revealed that one U.S. government cabinet agency spent months responding to a vulnerability in Apache’s Log4j2, a Java-based logging utility, simply because its security teams had trouble identifying where the vulnerable packages resided within their software environments.

The Road Ahead

Lineaje plans to use their Series A funding to bolster their efforts to acquire even more U.S. public sector clientele. With plans to double their headcount by the end of the year, they’re gearing up for a major push into the market. But will they be able to deliver on their promises, or will they become just another casualty in the war on software supply chain security? Only time will tell.



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Kayitsi.com
Author: Kayitsi.com

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