Back to School Shopping: Socket Security
Actionable Market Insights from Tuttle Ventures
Newsletter rundown:
Socket Security raises $20M lead by a16z
Final Word
Build. Learn. Share. Grow.
As an investment guide for founders, innovators, and exceptional leaders— I love seeing other founders succeed.
This week, huge news came out that an old friend from high school, Feross Aboukhadijeh, has raised $20M Series A funding led by Andreesen Horowitz from a16z for his company Socket Security.
Socket Security allows developers to detect and block potentially malicious code of open source repositories.
The company has expanded their detection techniques to include an AI assisted threat assessment supporting Javascript, Python and Go.
You can read more in the TechCrunch article here.
Long time readers know that I have written about Feross’s projects in the past.
I introduced Socket Security to my readers back in May 2022 in the post Supply or Demand:
A flywheel of the project was Socket Security, which allows developers to detect and block potentially malicious code of open source repositories.
Read the in-depth TechCrunch exclusive here.
The importance of a free and open internet cannot be understated.
Socket’s goal is to safeguard the open source ecosystem for everyone.
-Tuttle Ventures Newsletter: Supply or Demand May, 2022
Again In my post, The top 5 things I wish someone told me before I started investing... I outlined why Feross’s side project Wormhole is the simplest, easiest way to send files anywhere in the world without a login.
I removed the paywall from both posts so anyone interested can go back and learn more.
We are excited about the next chapter of innovation this will bring to the open source community.
I believe the only way we can protect a free internet is by supporting open source and tackling the ever changing cybersecurity landscape with innovative technologies.
I’ll be sure to continue to share relevant updates of the company in the future.
Build. Learn. Share. Grow.
(This commentary was for informational purposes only. Private investments are not suitable for all investors. Such investments are only intended for individuals who are "accredited investors" as defined by the Securities and Exchange Commission and applicable securities laws. Before making any investment, an investor should carefully consider the risks associated with the investment and make a determination based upon their own particular circumstances consistent with their investment objectives.)
Final Word
Market commentary this week will be provided in a separate newsletter.
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This is not investment advice. Do your own due diligence. I make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness, or reasonableness of the information contained in this report. Any assumptions, opinions and estimates expressed in this report constitute my judgment as of the date thereof and is subject to change without notice. Any projections contained in the report are based on a number of assumptions as to market conditions. There is no guarantee that projected outcomes will be achieved.
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