Mend

About

Mend is a platform designed to automate open source security and compliance processes.

Boston,Massachusetts,United States
251 - 500
https://www.mend.io/

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $35M
Industries: Cyber Security,Developer Tools,Open Source,Software
Founded date: Jan 1, 2011
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Mend Ltd.
Also Known As: WhiteSource

Mend (previously known as WhiteSource) founded in 2011, Mend is the first application security platform that actually automates the process of fixing application vulnerabilities. Mend takes most of the burden off the developer, who doesn’t really need to become a security expert. That’s why our motto is: You code, we cure. Mend is used by more than 1000 customers worldwide, from all verticals and sizes, including 23% of Fortune 100 companies, as well as industry leaders such as Microsoft, IBM, Comcast, and many more. For more information, please visit www.mend.io

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$121.15M

Mend has raised a total of $121.15M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2021 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 7, 2021	Series D	$75M	5	Pitango VC	—	Detail
Oct 17, 2018	Series C	$35M	3	Susquehanna Growth Equity	—	Detail
Jun 14, 2017	Series B	$10M	2	83North	—	Detail
Mar 1, 2013	Seed	$1M	1	—	—	Detail
Jul 1, 2011	Seed	$150K	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Mend has made 2 investments. Their most recent investment was on Feb 16, 2021, when Truv raised $3.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Feb 16, 2021 Truv	Seed	$3.50M	Data Integration	—
Mar 4, 2018 HackerNoon	Equity Crowdfunding	$1.06M	Cryptocurrency	—

Investors

Number of Lead Investors

Number of Investors

3

7

Mend is funded by 7 investors. Pitango VC and 83North are the most recent investors.

Investor Name	Lead Investor	Funding Round
Pitango VC	Yes	Series D
83North	—	Series D
M12 - Microsoft's Venture Fund	—	Series D
Poalim Equity	—	Series D
Susquehanna Growth Equity	—	Series D
Oracle Investment Management Inc.	—	Seed
Peregrine Ventures	—	Seed