WhiteSource is renamed as Mend and now it offers more than SCA.
2 min read
WhiteSource has become Mend with the addition of automated code remediation to the newly named Mend Application Security Platform.
The Boston- and Tel Aviv, Israel-based company over the past year—via a recent infusion of $75 million in additional funding and key acquisitions—has been evolving from open-source software composition analysis to a “bigger and different” security company that offers a more broad application security platform, said co-founder and CEO Rami Sass.
As a result, WhiteSource is changing its name to Mend to better reflect its new direction and mission, said Sass. The company is also using its renaming as an occasion to unveil what it’s calling the “industry’s first automated remediation for custom code security issues,” as well as a more integrated security platform.
“We are embarking on a new journey,” Sass recently told CRN. “We’re taking all of this as an opportunity to reintroduce ourselves.”
Mend, as the company is now called as of this week, has raised a total of $120 million in funding since its founding in 2011, of which $75 million was raised in April 2021.
Earlier this year, the company unveiled its acquisition of DefenseCode of Croatia and Xanitizer of Germany as part of its push beyond software composition analysis, which secures open-source code, to providing custom-code security via static application security testing.
Alhough the company did not release current revenue figures, it has said that revenue has grown by 800 percent over the past three years with 350 new customers added during the same time period. Mend has more 1,000 customers, including about 25 percent of the Fortune 100 companies, the company said in a statement.
source: https://www.crn.com/news/security/whitesource-has-new-security-directions-new-name-meet-mend-
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