# Anchore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anchore

- Industry: Software
- Headquarters: Santa Barbara, US
- Website: www.anchore.com
- Total disclosed funding: $23M
- Latest round: Series A (Jan 22, 2020)
- Investors on record: 3

## About

Anchore, Inc. specializes in software composition analysis, providing solutions that enhance security and compliance for software supply chains through automated checks on open-source risks.Founded in 2015 in Santa Barbara, US, Anchore, Inc. focuses on securing software supply chains. The company was co-founded by Daniel Nurmi and Said Ziouani, with Said Ziouani currently serving as CEO. In January 2020, Anchore raised USD 20 mn in Series A funding led by SignalFire. The company has successfully completed a total of 4 deals, with its most recent deal occurring on January 22, 2020.Anchore’s primary offering is its SBOM-powered software composition analysis platform, designed to secure software supply chains through continuous security and compliance checks. This platform automates the identification and management of open-source risks, allowing organizations to embed security protocols within their development lifecycle. Customers utilize Anchore’s technology to ensure compliance with industry standards such as NIST and FedRAMP, with a client base that includes Cisco and the U.S. Department of Defense, primarily serving North America and Europe.Anchore generates revenue through subscription-based models for its software solutions, namely Anchore Enterprise and Anchore Federal, which address specific compliance needs of federal clients. Clients typically enter into annual agreements for access to features including SBOM management, vulnerability scanning, and automated compliance checks. Partnerships with organizations like GitHub also contribute to revenue, integrating Anchore's technology into CI/CD pipelines to enhance security across development workflows.Anchore plans to utilize the recent USD 20 mn raised in Series A funding to support the development of new product offerings and expand its market presence. The company is focusing on enhancing its platform capabilities and intends to target growth in new geographic regions, including expanded efforts in Europe and Asia by 2023. These initiatives are aimed at bolstering its position in industries that demand stringent software security measures.

## Funding rounds

- Series A, Jan 22, 2020, $20M — SignalFire
- Seed, Apr 6, 2016, $2.5M — Menlo Ventures, Headline

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Headline (https://capitalatlas.ai/funds/headline) — Seed
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A