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Legit Security raises $30M to launch SaaS-based solution for supply chains

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Cybersecurity provider Legit Security announced it’s raised over $30 million in funding in a Series A round. The company has also announced the launch of a SaaS-based software supply chain protection solution out of stealth. 

Legit Security’s platform helps enterprises protect software supply chains by automatically discovering pipelines, infrastructure, code, and other Software Development Life Cycle (SDLC) assets, as well as enabling companies to visualize them in one place to identify vulnerabilities and generate security incident reports. 

The solution will offer security teams and technical decision-makers a way to increase transparency over the software supply chain and what vulnerabilities exist in the environment. The announcement comes as supply chain attacks are on the rise, with Gartner anticipating that by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains, a threefold increase from 2021.

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