Brief
WhiteSource Raises $35 Million
WhiteSource develops a platform automating open source management and security processes
17:1517.10.18
WhiteSource Software, Inc., which develops a platform automating open source management and security processes, announced Wednesday it completed a $35 million funding round. The Series C round was led by Susquehanna International Group, LLC with participation from M12, Microsoft’s venture capital arm, and from Israel-based venture capital firm 83North Ltd.
WhiteSource CEO Rami Sass. Photo: WhiteSource
Founded in 2011 and based out of Tel Aviv, Boston, and New York City, WhiteSource reports Microsoft, IBM, KPMG, and Comcast amongst its 500 customers.
To date, WhiteSource raised a total of $46 million in funding.
the company intends to use the funds to open offices in San Francisco and London, and double the size of its 50-person development team, WhiteSource co-founder and CEO Rami Sass said in an interview with Calcalist Wednesday.
WhiteSource CEO Rami Sass. Photo: WhiteSource
