SOCKET HITS $1B VALUATION ON OPEN-SOURCE SECURITY

The San Francisco-based firm specializes in safeguarding open-source software—freely available code that underpins much of modern software development—against sophisticated cyberattacks. Open-source vulnerabilities have become prime targets for state-sponsored hackers seeking to compromise critical infrastructure and enterprise systems at scale. Socket's technology identifies and blocks malicious code before it reaches developers' systems. The funding milestone reflects growing investor confidence in cybersecurity solutions addressing supply chain threats. As organizations increasingly rely on open-source components, the attack surface expands, creating demand for defensive tools. Socket joins a growing cohort of security startups achieving billion-dollar valuations as cyber threats intensify and regulatory scrutiny tightens around software supply chain integrity.