Endor Labs has announced the close of a $93 million Series B funding round, aimed at accelerating its mission to secure the rapidly expanding landscape of AI-generated software code.
The oversubscribed round was led by DFJ Growth, with participation from prominent investors including Salesforce Ventures, Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and Citi Ventures.
Renowned for its innovative approach to application security (AppSec), Endor Labs has quickly become a key player in safeguarding modern software development. Its platform currently protects more than 5 million applications and performs over 1 million security scans each week. Notable clients include OpenAI, Rubrik, People.ai, Observe.ai, Mysten Labs, and numerous global financial institutions.
The new funding will fuel the continued expansion of Endor Labs’ AppSec platform, which is purpose-built to address the unique risks associated with AI-generated code and what the company describes as “vibe coding.” By leveraging agentic AI and an extensive security dataset, the platform not only identifies vulnerabilities but also prioritizes and remediates them—often automatically—before they can affect production environments.
Coinciding with the funding announcement is the launch of a significantly enhanced version of the platform. This update introduces embedded AI agents throughout the software development lifecycle. Unlike traditional security tools that merely alert developers to issues, Endor Labs’ AI agents can proactively take corrective actions, reducing exposure time to potential threats.
“We are building for the scale required to secure this AI era and not letting intermediate market volatility diverge us from our big goals,” said Varun Badhwar, co-founder and CEO of Endor Labs. “Our marquee customers need an application security platform that supports the pace of development they are confronting with AI. It is an honor to be that platform, to raise proactively at a time like this, and to partner with such exceptional investors who share our commitment to innovation and excellence.”
This funding milestone marks a period of explosive growth for Endor Labs, following its Series A just 18 months ago. In that time, the company has achieved a remarkable 30x increase in annual recurring revenue and a net revenue retention rate of 166%, underscoring its momentum and market demand.
