NetRise secures $10 million in growth funding to tackle software supply chain risks

NetRise, a vendor of software supply chain security, announced on Tuesday a US$10 million growth funding led by DNX Ventures with participation by existing investors Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures. This investment round brings the company’s total funding to $24.8 million and accelerates NetRise’s mission to address the critical security gap in detecting and responding to software supply chain risk.

The NetRise Platform is a category-redefining solution that creates a software asset inventory, which is critical to managing organizational risk. Designed for those who build, buy, use, and maintain software across a variety of devices, NetRise generates a robust software bill of materials (SBOM), analyzing compiled code and firmware to deliver unprecedented visibility into software supply chain risk.