Lineaje Raises $20M in Series A Funding
August 01, 2024

Lineaje announced a landmark $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, alongside existing investor Tenable Ventures.

This significant investment underscores the escalating global demand for robust software supply chain security solutions, recognizing Lineaje's innovative approach to addressing the critical challenges faced by enterprises across diverse industries.

This round also includes participation from Carahsoft, the world’s largest software distributor serving the U.S. Government, alongside Wipro Ventures, Secure Octane Investments, J-Ventures and Alumni Ventures. With additional contributions from executives at Zscaler, CrowdStrike, and Trellix, this investment brings Lineaje’s total funding to $27 million. Lineaje will leverage the new investment to accelerate customer acquisition and fortify its AI-powered platform, expanding its innovative BOMbots insights and introducing new advancements to autonomously resolve software supply chain issues.

“This funding marks a pivotal moment for Lineaje as we spearhead the global transformation in software supply chain security and management. Our mission is to empower both public and private sector organizations to effortlessly maintain and secure their entire software ecosystems,” said Javed Hasan, CEO of Lineaje. “A key focus will be advancing our Lineaje AI capabilities to deliver known, secure open-source software to organizations, dramatically reducing enterprise software maintenance investments. With great global partners joining the round, we now have both the relationships and the capital necessary to drive global business for our award-winning product portfolio.”

The global reach of a secure software supply chain aligns with Prosperity7 Ventures’ values of market expansion and transformation. Extending its influence beyond capital, Neotribe also offers strategic mentorship crucial for success. As AI and machine learning drive unprecedented technological advances, Hitachi Ventures aims to support world-class innovators at the forefront of complex problem solving. Investors are also keen on Lineaje’s ability to reduce the financial burden from software supply chain attacks and its operational continuity as compelling reasons in their investment.

"We view software supply chain attacks as an existential threat to modern enterprises. Lineaje's comprehensive approach, going beyond point solutions to holistically address software security from development to deployment, truly sets them apart,” said Abhishek Shukla, managing director, Prosperity7 Ventures. “We are proud to support Lineaje as they revolutionize this crucial aspect of cybersecurity and safeguard the digital ecosystems that underpin our global economy."

“At Hitachi Ventures, we invest in solutions that tackle the world's most pressing challenges and promote sustainability. The importance of software in critical infrastructure is undeniable, and the threat of software supply chain tampering is significant. We believe Lineaje is uniquely positioned to address this issue and can significantly enhance global security,” said Gayathri Radhakrishnan, partner, Hitachi Ventures.

“As a top government IT solutions provider and an investor in Lineaje, Carahsoft recognizes the transformative potential of software supply chain maintenance and security management technologies in advancing our mission-critical capabilities,” said Craig P. Abod, Carahsoft President. “We are excited to go to market with Lineaje’s cutting-edge solutions that redefine efficiency and security in government operations and to leverage their expertise to drive forward-thinking solutions that meet the evolving needs of our customers.”

"Lineaje is at the vanguard of a vitally important and emerging software category–continuous software supply chain security. This space is multiplying, as companies across all sectors are increasingly combining in-house, third-party, and open-source software across their organization,” said Rebecca Mitchem, partner at Neotribe. “Without visibility into code across all these sources, they may find themselves at risk, which has sparked the need for an in-depth and effective solution. We see Lineaje as a natural sector leader because of its unique product that delivers unprecedented visibility into a company's entire software supply chain. We are thrilled to back the vision of Javed Hasan and Anand Revashetti, two world-class operators who've converted their firsthand experience of this problem into a product the market loves."

Share this

Industry News

May 21, 2025

Red Hat announced jointly-engineered, integrated and supported images for Red Hat Enterprise Linux across Amazon Web Services (AWS), Google Cloud and Microsoft Azure.

May 21, 2025

Komodor announced the integration of the Komodor platform with Internal Developer Portals (IDPs), starting with built-in support for Backstage and Port.

May 21, 2025

Operant AI announced Woodpecker, an open-source, automated red teaming engine, that will make advanced security testing accessible to organizations of all sizes.

May 21, 2025

As part of Summer '25 Edition, Shopify is rolling out new tools and features designed specifically for developers.

May 21, 2025

Lenses.io announced the release of a suite of AI agents that can radically improve developer productivity.

May 20, 2025

Google unveiled a significant wave of advancements designed to supercharge how developers build and scale AI applications – from early-stage experimentation right through to large-scale deployment.

May 20, 2025

Red Hat announced Red Hat Advanced Developer Suite, a new addition to Red Hat OpenShift, the hybrid cloud application platform powered by Kubernetes, designed to improve developer productivity and application security with enhancements to speed the adoption of Red Hat AI technologies.

May 20, 2025

Perforce Software announced Perforce Intelligence, a blueprint to embed AI across its product lines and connect its AI with platforms and tools across the DevOps lifecycle.

May 20, 2025

CloudBees announced CloudBees Unify, a strategic leap forward in how enterprises manage software delivery at scale, shifting from offering standalone DevOps tools to delivering a comprehensive, modular solution for today’s most complex, hybrid software environments.

May 20, 2025

Azul and JetBrains announced a strategic technical collaboration to enhance the runtime performance and scalability of web and server-side Kotlin applications.

May 19, 2025

Docker, Inc.® announced Docker Hardened Images (DHI), a curated catalog of security-hardened, enterprise-grade container images designed to meet today’s toughest software supply chain challenges.

May 19, 2025

GitHub announced that GitHub Copilot now includes an asynchronous coding agent, embedded directly in GitHub and accessible from VS Code—creating a powerful Agentic DevOps loop across coding environments.

May 19, 2025

Red Hat announced its integration with the newly announced NVIDIA Enterprise AI Factory validated design, helping to power a new wave of agentic AI innovation.

May 19, 2025

JFrog announced the integration of its foundational DevSecOps tools with the NVIDIA Enterprise AI Factory validated design.

May 15, 2025

GitLab announced the launch of GitLab 18, including AI capabilities natively integrated into the platform and major new innovations across core DevOps, and security and compliance workflows that are available now, with further enhancements planned throughout the year.