$4.89M to Secure IoT and Embedded Devices, Critical Infrastructure, and Enterprise Apps from Open Source Vulnerabilities

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Open source software are now at the core of each industry for mission-critical IT, apps, services, technologies and more.

The momentum is growing at the rapid pace focusing inter alia on collaboration, R&D,  developer community and on security. 

When it comes to security, players like the Apache Software Foundation, Atlassian, RedHat (JBoss) are streamlining their experiences with a set of powerful tools that bring peace in minds.

Henceforth, Lexumo also charts its way with a new $4.89M in seed funding from Accomplice, .406 Ventures, and Draper. The new funding will be used to further develop and commercialize the platform and build the company’s sales and marketing teams. 

For those who are unfamiliar, Lexumo continuously searches and indexes software to immediately identify publicly-known open source vulnerabilities that can cause theft of sensitive data, failure of critical systems, and brand damage.