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§ Private Profile · Boston, MA, USA
Mend.io is a technology company.
Mend.io offers a comprehensive application security platform, providing enterprise-grade tools designed to secure software development across various stages. Its capabilities span Software Composition Analysis (SCA) for open-source risk, Static Application Security Testing (SAST) for proprietary code, and solutions for AI-powered applications, dynamic testing, and software supply chain security. The platform integrates seamlessly into developer workflows, aiming to streamline security processes without impeding innovation or delivery timelines.
The company was founded in 2011 by Ron Rymon, Azi Cohen, and Rami Sass. Their foundational insight stemmed from the belief that application security should be an enabling force rather than a bottleneck in the development lifecycle. This perspective guided their approach to building a platform that empowers security teams while making security practices accessible and efficient for developers.
Mend.io’s offerings are utilized by developers and security teams seeking to proactively manage application risks. The company’s long-term vision is centered on making application security frictionless for developers and scalable for security teams, ensuring robust protection without compromise. It continually evolves its platform to meet the dynamic demands of modern software development and emerging security threats.
Mend.io has raised $120.0M across 3 funding rounds.
Mend.io has raised $120.0M in total across 3 funding rounds.
Mend.io is a software development company specializing in an AI-native application security (AppSec) platform that helps enterprises proactively manage and remediate risks across code, open source, containers, and AI components.[1][3][4] It serves large organizations, including 25% of the Fortune 100, by automating vulnerability detection, prioritization, and fixes in development workflows, solving problems like slow remediation, tool silos, and blind spots in modern AI-driven software supply chains.[2][4][6] The platform integrates seamlessly into CI/CD pipelines, enabling developers to secure applications without disrupting innovation, with tools like Mend SCA for open source risks, Mend SAST for code vulnerabilities, Mend Container, Mend Renovate for dependency updates, and Mend AI for AI model governance—delivering up to 80% faster remediation and holistic visibility at a single price.[3][4][5]
Growth momentum is strong, evidenced by rapid onboarding of thousands of developers and applications, customer testimonials on reduced vulnerability fix times (e.g., 80% reduction), and expansions like Mend AI Premium for behavioral risk testing and policy enforcement.[2][4][5]
Mend.io was founded by a team of cybersecurity and tech veterans, led by Rami Sass (Co-Founder & CEO) and Azi Cohen (Co-Founder & President), alongside executives like Ilan Sidi (CFO), Maya Rotenberg (CMO), and Yaron Avisror (EVP Engineering).[1] The idea emerged from their deep experience in technology, product development, and cybersecurity, addressing the need for proactive AppSec in complex enterprise environments where reactive tools fail.[1][6] Early traction built on pioneering automated remediation for open source and custom code, evolving into a comprehensive platform that now tackles AI-driven development challenges, with pivotal moments like launching the unified Mend AppSec Platform to consolidate tools and pricing.[2][6]
Mend.io stands out in the crowded AppSec market through these key strengths:
Mend.io rides the explosive growth of AI-accelerated development, where generative AI floods codebases with unvetted components, amplifying supply chain risks amid rising cyberattacks on open source (80%+ of apps) and AI models.[3][4][5] Timing is ideal as regulations demand AI governance and enterprises shift to proactive AppSec, countering market forces like tool sprawl, slow fixes, and scalability limits in legacy solutions.[6] By unifying coverage and embedding AI for remediation, Mend.io influences the ecosystem, enabling "secure from creation to commit" for DevSecOps, aligning speed/security/compliance, and setting standards for AI-native platforms used by hyperscalers.[3][4]
Mend.io is positioned to dominate enterprise AppSec as AI adoption surges, with expansions like Mend AI Premium signaling deeper governance for LLMs, agents, and behavioral risks.[5] Upcoming trends—stricter AI regs, zero-trust supply chains, and autonomous coding—will amplify demand for its scalable, all-in-one automation, potentially capturing more Fortune 500 share through pricing simplicity and proven ROI.[4][6] Its influence may evolve into ecosystem leadership, powering mature programs that let innovation outpace threats, reinforcing its role as the go-to for securing tomorrow's AI-powered apps.[3]
Mend.io has raised $120.0M across 3 funding rounds. Most recently, it raised $75.0M Series D in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2021 | $75M Series D | Pitango Venture Capital | 83North, M12, RED DOT Capital Partners, Streamlined Ventures, UpWest, Viola Ventures, David Chang, Susquehanna Growth Equity | Announced |
| Oct 1, 2018 | $35M Series C | Martin Angert | 83North, M12, Pitango Venture Capital | Announced |
| Jun 1, 2017 | $10M Series B | 83North | M12, Pitango Venture Capital, Dave Strohm | Announced |
Mend.io has raised $120.0M in total across 3 funding rounds.
Mend.io's investors include Pitango Venture Capital, 83North, M12, Red Dot Capital Partners, Streamlined Ventures, UpWest, Viola Ventures, David Chang, Susquehanna Growth Equity, Martin Angert, Dave Strohm.