# Mend.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mend-io

- Industry: Software
- Headquarters: Giv`atayim, Israel
- Website: www.mend.io/
- Total disclosed funding: $120M
- Latest round: Series D (Apr 7, 2021)
- Investors on record: 5

## About

Founded in 2011 and based in Givatayim, Israel, WhiteSource Software Ltd., trading under the name Mend.io operates as an open-source security platform. The company was founded by Rami Sass. In December 2023, Mend.io, a portfolio company of 83 North, Growth Equity, M12, Pitango Venture Capital, Peregrine Ventures, and Susquehanna acquired Atom Security..

The company provides a developer security platform that offers a real-time scanners of open source repositories and cross-­referencing this data directly against the open-source components in its build. The company also offers automatic alerts from security vulnerabilities, bugs, new versions, and patches.

The company generates revenue through yearly subscriptions by offering to its users a yearly billing for Essentials and Team.

The company plans to use the December 2023 funding to further develop Mend.io cyber security platform.

## Funding rounds

- Series D, Apr 7, 2021, $75M — Pitango, Susquehanna Growth Equity, M12, 83 North
- Series C, Oct 17, 2018, $35M — Peregrine Ventures, Susquehanna Growth Equity, M12, 83 North
- Series B, Jun 14, 2017, $10M — M12, 83 North

## Investors

- M12 (https://capitalatlas.ai/funds/m12) — Series B, Series C, Series D
- 83 North (https://capitalatlas.ai/funds/83-north) — Series B, Series C, Series D
- Peregrine Ventures (https://capitalatlas.ai/funds/peregrine-ventures) — Series C
- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Series C, Series D
- Pitango (https://capitalatlas.ai/funds/pitango) — Series D