- NetRise raises $10 million in Series A funding to expand its software‑supply‑chain risk‑management platform.
- The round, led by DNX Ventures, will support advanced SBOM management, continuous monitoring and AI‑powered querying tools.
What happened: NetRise secures $10 million Series A to strengthen software supply‑chain security
NetRise, a cybersecurity firm specialising in software supply‑chain risk management, announced a $10 million Series A funding round. DNX Ventures led the investment, joined by existing backers Miramar Digital Ventures, Sorenson Capital, Squadra Ventures and Talons Ventures. The new funding brings NetRise’s total capital raised to $24.8 million.
Founded in 2020, NetRise analyses compiled code and firmware—not just source files—to build a precise software asset inventory. Its platform generates and ingests Software Bills of Materials (SBOMs) in standard formats (SPDX, CycloneDX), then continuously scans threat feeds such as the National Vulnerability Database and CISA’s Known Exploited Vulnerabilities list.
NetRise’s flagship feature, NetRise Trace, uses AI to allow natural‑language queries across an organisation’s software inventory. This helps teams pinpoint vulnerable components, assess exploitability and prioritise remediation. The Series A proceeds will accelerate development of these capabilities and fuel go‑to‑market efforts.
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Why it’s important
As enterprises increasingly rely on open‑source libraries and third‑party modules, visibility into the true composition of deployed software has become critical. Traditional code scanning tools often miss vulnerabilities embedded in compiled binaries or firmware. NetRise addresses this gap, providing security teams with an accurate, real‑time view of their software estate.
By enhancing SBOM management and adding AI‑driven search, NetRise empowers organisations to identify and fix high‑risk components before they’re exploited. This reduces both compliance burdens and incident response times—vital benefits as regulators worldwide mandate stricter software‑supply‑chain transparency. The fresh capital will help NetRise meet surging demand for robust defence against supply‑chain attacks, which have disrupted major software vendors and their customers in recent years.
