Socket
Socket is a technology company.
Financial History
Socket has raised $72.0M across 5 funding rounds.
Frequently Asked Questions
How much funding has Socket raised?
Socket has raised $72.0M in total across 5 funding rounds.
Socket is a technology company.
Socket has raised $72.0M across 5 funding rounds.
Socket has raised $72.0M in total across 5 funding rounds.
Socket is a developer-first security platform that scans open source dependencies for vulnerabilities and malicious code, enabling teams to ship software securely.[3][4] Founded in 2020 by Feross Aboukhadijeh, a prolific open source maintainer and Stanford web security lecturer, Socket protects code repositories by detecting risks in the software supply chain, serving high-profile customers like Anthropic, Figma, Vercel, and major AI and banking firms.[3][4] It solves the growing problem of insecure open source components, with over 100 customers, 7,500+ organizations protected, 300,000 repositories defended, and 1 million developers supported worldwide; the company reported 400% revenue growth trajectory in 2024 and raised a $40M Series B in October 2024, calling it pre-emptive as Series A funds remain unspent.[3]
Socket was founded in 2020 by CEO Feross Aboukhadijeh, who identified gaps in traditional security tools amid modern software development challenges, particularly in open source ecosystems.[3] Aboukhadijeh's background as a Stanford lecturer on web security and maintainer of major open source projects informed his belief that existing solutions fell short for dependency risks.[3] Early traction built quickly, leading to a Series A (amount undisclosed in sources) in 2023 and a $40M Series B in October 2024 led by investors including Andreessen Horowitz, Elad Gil, Jerry Yang, Bret Taylor, Jeff Lawson, and Tobias Lütke.[3] Pivotal moments include blocking real-world threats like malicious packages sending credentials over unencrypted HTTP or altering .NET frameworks, demonstrating product efficacy.[4]
Socket rides the explosive growth of open source software and AI-driven development, where dependencies proliferate but supply chain attacks surge—88% of companies see it as a major risk.[3] Timing is ideal post-high-profile breaches, with market forces like regulatory pressures (e.g., software bills of materials mandates) and AI firms' security needs favoring Socket's preemptive scanning.[3] It influences the ecosystem by setting standards for dependency security, enabling safer innovation at scale for tools like Vercel and Figma, and countering precarious supply chains in an era of ubiquitous open source reuse.[3][4]
Socket's trajectory points to dominance in supply chain security, with unspent Series A funds, 400% growth, and elite backers positioning it for rapid expansion amid AI and open source booms.[3] Trends like stricter compliance, rising malware in packages, and developer tool consolidation will propel it; team growth to 50+ engineers signals deeper platform features, potentially capturing more enterprise and AI workloads.[3] As threats evolve, Socket could redefine secure coding, evolving from scanner to indispensable infrastructure—much like its founder once reshaped open source tools.
Socket has raised $72.0M in total across 5 funding rounds.
Socket's investors include Abstract Ventures, Accel, Andreessen Horowitz, Atomico, BITKRAFT Ventures, Bond, Connect Ventures, Gradient Ventures, Greylock, Lobby Capital, Scott Sandell, NFX.
Socket has raised $72.0M across 5 funding rounds. Most recently, it raised $40.0M Series B in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $40.0M Series B | Abstract Ventures, Accel, Andreessen Horowitz, Atomico, BITKRAFT Ventures, Bond, Connect Ventures, Gradient Ventures, Greylock, Lobby Capital, Scott Sandell, NFX, Notion Capital, Preface Ventures, Redpoint Ventures, Robot Ventures, Sand Hill Angels, Sequoia Capital, Tiger Global Management, Adam Gross, Charles Zedlewski, Charlie Cheever, Greg Brockman, Jim Pitkow, Johnny Boufarhat, Louis Jonckheere, Manik Gupta, Matt Mazzeo, Nkechi Iregbulem, Ott Kaukver, Pieterjan Bouten, Robert Witoff, Saxon Baum, Scott Belsky, Spencer Kimball, Stacy Brown-Philpot, Thomas Dohmke | |
| Sep 1, 2023 | $5.0M Venture Round | Framework Ventures, Platinum Software Development Company, Stani Kulechov | |
| Jul 1, 2023 | $20.0M Series A | Abstract Ventures, Kevin Hartz, A* Capital (A Star Capital), ACME Capital, Alpine Ventures, Andreessen Horowitz, Angels of Many, Banana Capital, Bee Partners, Blue Bear Capital, C2 Investment, Concept Ventures, Contrary Capital, Felicis Ventures, Framework Ventures, Goodwater Capital, Greylock, Infinite Niches, Jetstream, Lobby Capital, N49P Ventures, Scott Sandell, Next Play Ventures, NFX, Openview Venture Partners, Pantera Capital, Paradigm, Preface Ventures, Radical Ventures, Robot Ventures, Sand Hill Angels, Seed Club Ventures, Sequoia Capital, Sweater Ventures, Tiger Global Management, UP.Partners, Alex Rodriguez, Weekend Fund, WorkLife Ventures, XX, Y Combinator, Aaron Levie, Adam Gross, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bob Young, Bradley Horowitz, Charles Zedlewski, Charlie Cheever, Christian Reber, Christina Cacioppo, Drew Houston, Dylan Field, Elad Gil, Evan Moore, Frederic Kerrest, Greg Brockman, Guillermo Rauch, Immad Akhund, Jawed Karim, Jim Pitkow, John Collison, Jonathan Wasserstrum, Julia Hartz, Kyle Vogt, Marc Benioff, Mark Cuban, Matt Mazzeo, Niklas Jansen, Nkechi Iregbulem, Peter Sonsini, Robert Witoff, Sahin Boydas, Sam Altman, Scott Belsky, Spencer Kimball, Stacy Brown-Philpot, Steve Chen, Tobias Lutke | |
| Jul 1, 2022 | $2.0M Seed | Archetype, Mechanism Capital, Seed Club Ventures, Mario Gabriele, Guillermo Rauch | |
| Mar 1, 2022 | $5.0M Seed | Framework Ventures, Platinum Software Development Company, Sound Ventures, Anthony Pompliano, Stani Kulechov, Aaron Levie, Abstract Ventures, A* Capital (A Star Capital), Accel, AME Cloud Ventures, Amjad Masad, Andreessen Horowitz, Arash Ferdowsi, Balaji Srinivasan, B Capital Group, Bee Partners, Blue Bear Capital, Blu Venture Investors, Bob Young, Bradley Horowitz, C2 Investment, Charlie Cheever, Christina Cacioppo, Coatue, Coelius Capital, Contrary Capital, Cyberstarts VC, Decibel Partners, Dig Ventures, Drew Houston, Dylan Field, Elad Gil, Felicis Ventures, Frederic Kerrest, Georges Harik, Greg Brockman, Greylock, Guillermo Rauch, Index Ventures, Infinite Niches, Jaan Tallinn, Jawed Karim, Jetstream, John Collison, Jonathan Wasserstrum, Julia Hartz, Kevin Hartz, Kyle Vogt, LGF, Marc Benioff, Mark Cuban, Melissa Tan, Morado Venture Partners, N49P Ventures, Negev Capital, Next Play Ventures, Oliver Friedrichs, Openview Venture Partners, Pantera Capital, Paradigm, Peter Sonsini, Point72 Ventures, Prithvi Ventures, Radical Ventures, Rain Capital, Rand Hindi, Sahin Boydas, Sam Altman, Seed Club Ventures, Sequoia Capital, StageOne Ventures, Sweater Ventures, The Hit Forge, Tobias Lutke, Union Square Ventures, UP.Partners, Weekend Fund, WorkLife Ventures, Y Combinator |