Codenotary, a company specializing in software supply chain security, has announced it has raised $16.5 million in new funding from investors. This significant capital injection underscores investor confidence in the company's innovative technology and its critical role in addressing modern cybersecurity challenges.
The company is a recognized leader in providing solutions for Trusted CI/CD, tamperproof SBOM (Software Bill of Materials), and artifact protection at scale. Its core offering, Codenotary Cloud®, empowers organizations to rapidly detect and remove unwanted artifacts within their DevOps pipelines. Central to Codenotary's technological framework is immudb, an innovative, lightweight, and high-speed immutable ledger database. As an open-source solution, immudb allows enterprises to track and permanently record changes to sensitive transactional data, such as bank or credit card transactions, ensuring an indelible history guaranteed by cryptographic verification. This capability is foundational to Codenotary Cloud®, enabling the immutable storage of SBOMs with robust cryptographic verification, capable of processing millions of transactions per second.
The newly secured capital will be strategically deployed to accelerate Codenotary's ambitious product development initiatives and expand its market presence. The company plans to scale its operations and enhance its infrastructure to meet the rapidly increasing demand for robust software supply chain security solutions across various industries and enterprise environments.
Codenotary is poised for substantial growth and innovation. The company intends to further enhance its platform capabilities and extend its global reach, aiming to solidify its position as a frontrunner in safeguarding the digital supply chain for businesses worldwide, ensuring the integrity and trustworthiness of software from development to deployment.
