INSUBCONTINENT EXCLUSIVE:
As more enterprise developers make use of open source, it becomes increasingly important for companies to make sure that they are complying
with licensing requirements
They also need to ensure the open-source bits are being updated over time for security purposes
help from Costanoa Ventures and Norwest Venture Partners
months, the startup has concentrated on building tools to help enterprises comply with their growing use of open source in a safe and legal
He says that overall this increasing use of open source is great news for developers, and for these bigger companies in general
While it enables them to take advantage of all the innovation going on in the open-source community, they need to make sure they are in
That involves three main pieces
First it tracks all of the open-source and third-party code being used inside a company
Next, it enforces licensing and security policy, and, finally, it has a reporting component
enterprise focus is relatively new for the company
It originally launched in 2017 as a tool for developers to track individual use of open source inside their programs
Wang saw a huge opportunity inside the enterprise to apply this same kind of capability inside larger organizations, which were hungry for
company announced a $2.2 million seed round in 2017, and since then has grown from 10 to 40 employees
Wang reports that the startup has been tripling its revenue numbers and customer accounts year over year
The new money should help accelerate that growth and expand the product and markets it can sell into.
