According to one recent survey, 88% of companies believe that software supply chain security presents an 'enterprise-wide risk' to their organizations, while nearly two thirds (65%) believe their organizations' software supply chain security program isn't as mature as it should be. A separate poll found that the mean number of supply chain breaches increased to around four incidents per company in 2023, up from roughly three incidents in 2022 - a 25% increase.
Investors seem willing to buy in. This month, Kusari - whose namesake is the Japanese feudal weapon kusari-fundo - raised $8 million across pre-seed and seed funding rounds that had participation from J2 Ventures, Glasswing Ventures and Unusual Ventures. The cash will be put toward building out Kusari's software-as-a-service (SaaS) platform, co-founder and CEO Tim Miller said, and growing the startup's team from eight people to about 15.
[
add
]
[
|
|
...
]