What is Phylum?
Phylum provides a sophisticated, automated platform designed to analyze software supply chain risks, effectively protecting organizations and enabling secure innovation. By evaluating open-source packages immediately upon publication, the platform identifies potential vulnerabilities and enables policy-driven automation for risk management. Phylum supports a wide array of programming languages, including Python, Java, and Rust, and integrates seamlessly into existing CI/CD pipelines such as GitHub and GitLab. Unlike legacy Software Composition Analysis (SCA) tools, Phylum offers comprehensive supply chain coverage, allowing for the proactive blocking of illegitimate or dangerous code before it enters the production environment.
How much funding has Phylum raised?
Phylum has raised a total of $19.5M across 2 funding rounds:
Angel/Seed
$4.5M
Series A
$15M
Angel/Seed (2021): $4.5M with participation from Verissimo Ventures and First In
Series A (2022): $15M led by ClearSky and Atlassian
Key Investors in Phylum
Verissimo Ventures
Verissimo Ventures is a pre-seed and seed venture fund focused on investments in the US and Israel, dedicated to fostering innovation and resilience in the startup ecosystem.
First In
First In is an early stage investment firm comprised of former founders and builders, specializing in cybersecurity, defense, and data companies.
Atlassian
Atlassian is a global software company providing essential collaboration, development, and issue-tracking tools for teams, including Jira and Bitbucket.
What's next for Phylum?
With the support of its latest financing, Phylum is well-positioned to expand its language support and deepen its integration capabilities within the global developer ecosystem. The company's focus remains on scaling its automated analysis engine to combat the increasing sophistication of supply chain attacks. As organizations continue to rely heavily on open-source components, Phylum's role in providing a secure, automated gatekeeper for code integrity will likely become a standard requirement for enterprise-grade software development. Future strategic initiatives will likely prioritize enhancing the platform's predictive capabilities and expanding its footprint in the cybersecurity market.
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