Mend

company

About

Mend is a platform designed to automate open source security and compliance processes.

Details

Last Funding Type
Series C
Last Funding Money Raised
$35M
Industries
Cyber Security,Developer Tools,Open Source,Software
Founded date
Jan 1, 2011
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Mend Ltd.
Also Known As
WhiteSource

Mend (previously known as WhiteSource) founded in 2011, Mend is the first application security platform that actually automates the process of fixing application vulnerabilities. Mend takes most of the burden off the developer, who doesn’t really need to become a security expert. That’s why our motto is: You code, we cure. Mend is used by more than 1000 customers worldwide, from all verticals and sizes, including 23% of Fortune 100 companies, as well as industry leaders such as Microsoft, IBM, Comcast, and many more. For more information, please visit www.mend.io

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$121.15M
Mend has raised a total of $121.15M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2021 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2021 Series D $75M 5 Pitango VC Detail
Oct 17, 2018 Series C $35M 3 Susquehanna Growth Equity Detail
Jun 14, 2017 Series B $10M 2 83North Detail
Mar 1, 2013 Seed $1M 1 Detail
Jul 1, 2011 Seed $150K 1 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Mend has made 2 investments. Their most recent investment was on Feb 16, 2021, when Truv raised $3.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 16, 2021 Truv
Seed $3.50M Data Integration
Mar 4, 2018 HackerNoon
Equity Crowdfunding $1.06M Cryptocurrency

Investors

Number of Lead Investors
Number of Investors
3
7
Mend is funded by 7 investors. Pitango VC and 83North are the most recent investors.
Investor Name Lead Investor Funding Round
Pitango VC Yes Series D
83North Series D
M12 - Microsoft's Venture Fund Series D
Poalim Equity Series D
Susquehanna Growth Equity Series D
Oracle Investment Management Inc. Seed
Peregrine Ventures Seed

Employee Profiles

Number of Employee Profiles
24
Mend has 24 current employee profiles, including Executive Ron Kormanek
Executive
Executive
Advisor
Advisor
Executive

Acquisition

Mend has acquired 2 organizations. Their most recent acquisition was Renovate on Nov 13, 2019. They acquired Renovate for 0.

Date Company Name
Industry Acquisition Type Price
Nov 13, 2019 Renovate
Software acquisition Detail
Apr 20, 2021 Diffend
Network Security acquisition Detail