Endor Labs, which helps companies secure their open source packages, raises $70M

Endor Labs, which offers a platform developers can use to manage and secure their open source dependencies, today closed a $70 million Series A round led by Lightspeed Venture Partners with participation from Coatue, Dell Technologies Capital, Section 32 and a number of angel investors.
The new financing — quite large for a Series A, and coming only 10 months after the company’s launch — brings Endor’s total raised to $95 million. Co-founder and CEO Varun Badhwar says that it’ll be put toward expanding the startup’s 55-person workforce and “deepening&#

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